PPP Loan information for Xse group inc

$1,117,992

Xse group inc was initially approved for PPP Loan of amount $1,117,992, the current approved amount is $1,117,992. The loan was approved on 02/01/2021 by The Bank of America, National Association reported 99 jobs and $1,117,992 was used to fund payroll.

Xse group inc is Existing or more than 2 years old

PPP Loan Search / CT / Middletown / Xse group inc

XSE GROUP INC

Date Approved

02/01/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

XSE GROUP INC

Borrower Address

35 Phil Mack Dr

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457-1567

Loan Status Date

05/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1117992.00

Current Approval Amount

1117992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-1567

CD

CT-01

Jobs Reported

99

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1117987.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1142189.64

Forgiveness Date

04/12/2023

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