PPP Loan information for Xcell networks, inc.

$794,000

Xcell networks, inc. was initially approved for PPP Loan of amount $794,000, the current approved amount is $794,000. The loan was approved on 04/30/2020 by The Truist Bank reported 50 jobs and $794,000 was used to fund payroll.

Xcell networks, inc. is Existing or more than 2 years old

XCELL NETWORKS, INC.

Date Approved

04/30/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

XCELL NETWORKS, INC.

Borrower Address

4035 VAN BUREN ST STE #2

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85009-4056

Loan Status Date

02/24/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

794000.00

Current Approval Amount

794000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85009-4056

CD

AZ-03

Jobs Reported

50

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

794000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;