PPP Loan information for Xceltech, inc.

$867,900

Xceltech, inc. was initially approved for PPP Loan of amount $867,900, the current approved amount is $867,900. The loan was approved on 05/01/2020 by The United Bank reported 46 jobs and $867,900 was used to fund payroll.

Xceltech, inc. is Existing or more than 2 years old

PPP Loan Search / VA / DUNN LORING / Xceltech, inc.

XCELTECH, INC.

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

XCELTECH, INC.

Borrower Address

2136 GALLOWS RD STE F

Borrower City

DUNN LORING

Borrower State

VA

Borrower Zip

22027-1036

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867900.00

Current Approval Amount

867900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNN LORING

Project County Name

FAIRFAX

Project State

VA

Project Zip

22027-1036

CD

VA-11

Jobs Reported

46

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

867900.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

879134.48

Forgiveness Date

08/26/2021

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