PPP Loan information for Xela pack inc

$424,182

Xela pack inc was initially approved for PPP Loan of amount $424,182, the current approved amount is $424,182. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 45 jobs and $424,182 was used to fund payroll.

Xela pack inc is Existing or more than 2 years old

PPP Loan Search / MI / Saline / Xela pack inc

XELA PACK INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

XELA PACK INC

Borrower Address

8300 Boettner Rd

Borrower City

Saline

Borrower State

MI

Borrower Zip

48176-9828

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

424181.60

Current Approval Amount

424181.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saline

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-9828

CD

MI-06

Jobs Reported

45

NAICS Code

561910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

424176.60

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425901.57

Forgiveness Date

06/23/2021

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