PPP Loan information for Xcel staffing solutions llc

$8,964,172

Xcel staffing solutions llc was initially approved for PPP Loan of amount $8,964,172, the current approved amount is $8,964,172. The loan was approved on 04/13/2020 by The Lake Forest Bank & Trust Company, National Association reported 500 jobs and $8,964,172 was used to fund payroll.

Xcel staffing solutions llc is Existing or more than 2 years old

XCEL STAFFING SOLUTIONS LLC

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

XCEL STAFFING SOLUTIONS LLC

Borrower Address

1541 S WAUKEGAN RD

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-6727

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8964172.00

Current Approval Amount

8964172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-6727

CD

IL-10

Jobs Reported

500

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

896417.20

Payroll Proceed

6723129.00

Mortgage Interest Proceed

672312.90

Rent Proceed

672312.90

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6104000.00

Forgiveness Date

01/05/2022

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