PPP Loan information for Xspec power inc

$132,178

Xspec power inc was initially approved for PPP Loan of amount $132,178, the current approved amount is $132,178. The loan was approved on 04/16/2020 by The The Poca Valley Bank, Inc. reported 12 jobs and $132,178 was used to fund payroll.

Xspec power inc is Existing or more than 2 years old

PPP Loan Search / WV / Elkview / Xspec power inc

XSPEC POWER INC

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

XSPEC POWER INC

Borrower Address

4998A Elk River Road South /

Borrower City

Elkview

Borrower State

WV

Borrower Zip

25071-0190

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132178.00

Current Approval Amount

132178.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75424

Servicing Lender Name

The Poca Valley Bank, Inc.

Servicing Lender Address

7033 Charleston Rd

Servicing Lender City

WALTON

Servicing Lender State

WV

Servicing Lender Zip

25286-9601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkview

Project County Name

KANAWHA

Project State

WV

Project Zip

25071-0190

CD

WV-01

Jobs Reported

12

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132178.00

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

Subchapter S Corporation

Originating Lender Location Id

75424

Originating Lender

The Poca Valley Bank, Inc.

Originating Lender City

WALTON

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133026.14

Forgiveness Date

12/04/2020

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