PPP Loan information for Xchange telecom corp.

$1,203,000

Xchange telecom corp. was initially approved for PPP Loan of amount $1,203,000, the current approved amount is $1,203,000. The loan was approved on 04/28/2020 by The Mid Penn Bank reported 100 jobs and $1,203,000 was used to fund payroll.

Xchange telecom corp. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Xchange telecom corp.

XCHANGE TELECOM CORP.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

XCHANGE TELECOM CORP.

Borrower Address

3611 14TH AVE SUITE 215

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11218-3773

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1203000.00

Current Approval Amount

1203000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11218-3773

CD

NY-09

Jobs Reported

100

NAICS Code

517312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1203000.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1210652.42

Forgiveness Date

12/16/2020

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