PPP Loan information for Xcel tool and manufacturing co llc

$72,200

Xcel tool and manufacturing co llc was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 04/28/2020 by The Citizens Bank, National Association reported 15 jobs and $72,200 was used to fund payroll.

Xcel tool and manufacturing co llc is Existing or more than 2 years old

XCEL TOOL AND MANUFACTURING CO LLC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

XCEL TOOL AND MANUFACTURING CO LLC

Borrower Address

120 Research Drive Ste E

Borrower City

Milford

Borrower State

CT

Borrower Zip

06460

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06460-0001

CD

CT-03

Jobs Reported

15

NAICS Code

999990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72200.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72945.74

Forgiveness Date

05/14/2021

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