PPP Loan information for Xelaco, inc

$53,190

Xelaco, inc was initially approved for PPP Loan of amount $53,190, the current approved amount is $53,190. The loan was approved on 04/07/2020 by The City National Bank reported 2 jobs and $53,190 was used to fund payroll.

Xelaco, inc is Existing or more than 2 years old

XELACO, INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

XELACO, INC

Borrower Address

340 West DUDLEY AVE

Borrower City

WESTFIELD

Borrower State

NJ

Borrower Zip

07090-4020

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53190.00

Current Approval Amount

53190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07090-4020

CD

NJ-07

Jobs Reported

2

NAICS Code

512191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53190.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53729.19

Forgiveness Date

05/11/2021

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