PPP Loan information for Xselarate inc

$144,288

Xselarate inc was initially approved for PPP Loan of amount $144,288, the current approved amount is $144,288. The loan was approved on 04/24/2021 by The American Lending Center reported 8 jobs and $144,288 was used to fund payroll.

Xselarate inc is Existing or more than 2 years old

PPP Loan Search / DE / Lewes / Xselarate inc

XSELARATE INC

Date Approved

04/24/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

XSELARATE INC

Borrower Address

16192 Coastal Hwy

Borrower City

Lewes

Borrower State

DE

Borrower Zip

19958-3608

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144287.90

Current Approval Amount

144287.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewes

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-3608

CD

DE-

Jobs Reported

8

NAICS Code

541810

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144285.90

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144772.87

Forgiveness Date

09/02/2021

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