PPP Loan information for Xip training systems

$12,030

Xip training systems was initially approved for PPP Loan of amount $12,030, the current approved amount is $12,030. The loan was approved on 02/18/2021 by The Passumpsic Savings Bank reported 6 jobs and $12,030 was used to fund payroll.

Xip training systems is Existing or more than 2 years old

XIP TRAINING SYSTEMS

Date Approved

02/18/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

XIP TRAINING SYSTEMS

Borrower Address

602 Main St

Borrower City

Lyndonville

Borrower State

VT

Borrower Zip

05851-4548

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12030.00

Current Approval Amount

12030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lyndonville

Project County Name

CALEDONIA

Project State

VT

Project Zip

05851-4548

CD

VT-

Jobs Reported

6

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12029.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12122.94

Forgiveness Date

12/02/2021

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