PPP Loan information for Xion hospitality inc

$106,000

Xion hospitality inc was initially approved for PPP Loan of amount $106,000, the current approved amount is $106,000. The loan was approved on 04/29/2020 by The Open Bank reported 28 jobs and $106,000 was used to fund payroll.

Xion hospitality inc is New Business or 2 years or less

XION HOSPITALITY INC

Date Approved

04/29/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

XION HOSPITALITY INC

Borrower Address

2450 TOWN CENTER DR

Borrower City

WASHINGTON

Borrower State

UT

Borrower Zip

84780-2469

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106000.00

Current Approval Amount

106000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

434588

Servicing Lender Name

Open Bank

Servicing Lender Address

1000 Wilshire Blvd, Ste 500

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-2462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

UT

Project Zip

84780-2469

CD

UT-02

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10600.00

Payroll Proceed

79500.00

Mortgage Interest Proceed

0.00

Rent Proceed

15900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434588

Originating Lender

Open Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106969.97

Forgiveness Date

04/08/2021

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