PPP Loan information for Xylo technologies inc

$295,000

Xylo technologies inc was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 01/28/2021 by The Think Mutual Bank reported 16 jobs and $295,000 was used to fund payroll.

Xylo technologies inc is Existing or more than 2 years old

XYLO TECHNOLOGIES INC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

XYLO TECHNOLOGIES INC

Borrower Address

2434 Superior Dr NW Ste 105

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-2591

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99830

Servicing Lender Name

Think Mutual Bank

Servicing Lender Address

5200 Members Pkwy NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-8381

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-2591

CD

MN-01

Jobs Reported

16

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

294996.00

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

99830

Originating Lender

Think Mutual Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297179.72

Forgiveness Date

10/26/2021

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