PPP Loan information for Xanadu, inc

$197,875

Xanadu, inc was initially approved for PPP Loan of amount $197,875, the current approved amount is $197,875. The loan was approved on 04/08/2020 by The Machias Savings Bank reported 49 jobs and $197,875 was used to fund payroll.

Xanadu, inc is Existing or more than 2 years old

XANADU, INC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

XANADU, INC

Borrower Address

PO Box 84

Borrower City

MACHIAS

Borrower State

ME

Borrower Zip

04654

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197875.00

Current Approval Amount

197875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACHIAS

Project County Name

WASHINGTON

Project State

ME

Project Zip

04654-0001

CD

ME-02

Jobs Reported

49

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197875.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199177.68

Forgiveness Date

12/09/2020

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