PPP Loan information for Xle metals corporation

$1,293,700

Xle metals corporation was initially approved for PPP Loan of amount $1,293,700, the current approved amount is $1,293,700. The loan was approved on 04/14/2020 by The Meridian Bank reported 14 jobs and $1,293,700 was used to fund payroll.

Xle metals corporation is Existing or more than 2 years old

XLE METALS CORPORATION

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

XLE METALS CORPORATION

Borrower Address

727 E. 9th Street

Borrower City

CHESTER

Borrower State

PA

Borrower Zip

19013-6215

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1293700.00

Current Approval Amount

1293700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

DELAWARE

Project State

PA

Project Zip

19013-6215

CD

PA-05

Jobs Reported

14

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

1265700.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1307664.87

Forgiveness Date

05/21/2021

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