PPP Loan information for Xp services

$71,100

Xp services was initially approved for PPP Loan of amount $71,100, the current approved amount is $71,100. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 18 jobs and $71,100 was used to fund payroll.

Xp services is Existing or more than 2 years old

XP SERVICES

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

XP SERVICES

Borrower Address

20 Elm Ridge Road

Borrower City

OCEANA

Borrower State

WV

Borrower Zip

24870-1704

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71100.00

Current Approval Amount

71100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEANA

Project County Name

WYOMING

Project State

WV

Project Zip

24870-1704

CD

WV-01

Jobs Reported

18

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3100.00

Payroll Proceed

57000.00

Mortgage Interest Proceed

11000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71621.40

Forgiveness Date

01/20/2021

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