PPP Loan information for Xselarate inc.

$23,642

Xselarate inc. was initially approved for PPP Loan of amount $23,642, the current approved amount is $23,642. The loan was approved on 07/22/2020 by The Fed – Kabbage reported 1 jobs and $23,642 was used to fund payroll.

Xselarate inc. is New Business or 2 years or less

PPP Loan Search / DE / Lewes / Xselarate inc.

XSELARATE INC.

Date Approved

07/22/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

XSELARATE INC.

Borrower Address

16192 Coastal Highway

Borrower City

Lewes

Borrower State

DE

Borrower Zip

19958-3608

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23642.00

Current Approval Amount

23642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lewes

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-3608

CD

DE-

Jobs Reported

1

NAICS Code

541618

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23642.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24012.50

Forgiveness Date

02/16/2022

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