PPP Loan information for Xcel solutions corp

$68,500

Xcel solutions corp was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/29/2020 by The Empire State Bank reported 4 jobs and $68,500 was used to fund payroll.

Xcel solutions corp is Existing or more than 2 years old

XCEL SOLUTIONS CORP

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

XCEL SOLUTIONS CORP

Borrower Address

254 Rt 34

Borrower City

MATAWAN

Borrower State

NJ

Borrower Zip

07747

Loan Status Date

02/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378478

Servicing Lender Name

Empire State Bank

Servicing Lender Address

68 N Plank Rd

Servicing Lender City

NEWBURGH

Servicing Lender State

NY

Servicing Lender Zip

12550-2109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATAWAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07747-0001

CD

NJ-06

Jobs Reported

4

NAICS Code

611691

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378478

Originating Lender

Empire State Bank

Originating Lender City

NEWBURGH

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69258.19

Forgiveness Date

06/09/2021

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