PPP Loan information for Xela communications, llc

$387,087

Xela communications, llc was initially approved for PPP Loan of amount $387,087, the current approved amount is $387,087. The loan was approved on 04/08/2020 by The Valley National Bank reported 22 jobs and $387,087 was used to fund payroll.

Xela communications, llc is Existing or more than 2 years old

PPP Loan Search / NJ / RED BANK / Xela communications, llc

XELA COMMUNICATIONS, LLC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

XELA COMMUNICATIONS, LLC

Borrower Address

322 State Road 35 Ste 3

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387087.00

Current Approval Amount

387087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-0001

CD

NJ-06

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387087.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389850.37

Forgiveness Date

12/30/2020

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