PPP Loan information for Xs brokers insurance agency inc

$2,574,766

Xs brokers insurance agency inc was initially approved for PPP Loan of amount $2,574,766, the current approved amount is $2,574,766. The loan was approved on 04/14/2020 by The MountainOne Bank reported 132 jobs and $2,574,766 was used to fund payroll.

Xs brokers insurance agency inc is Existing or more than 2 years old

XS BROKERS INSURANCE AGENCY INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

XS BROKERS INSURANCE AGENCY INC

Borrower Address

13 Temple St

Borrower City

Quincy

Borrower State

MA

Borrower Zip

02169-5110

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2574765.77

Current Approval Amount

2574765.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-5110

CD

MA-08

Jobs Reported

132

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2574765.77

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

Subchapter S Corporation

Originating Lender Location Id

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2603899.42

Forgiveness Date

06/09/2021

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