PPP Loan information for Xcel brands inc

$1,805,856

Xcel brands inc was initially approved for PPP Loan of amount $1,805,856, the current approved amount is $1,805,856. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 86 jobs and $1,805,856 was used to fund payroll.

Xcel brands inc is New Business or 2 years or less

PPP Loan Search / NY / NEW YORK / Xcel brands inc

XCEL BRANDS INC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

XCEL BRANDS INC

Borrower Address

1333 BROADWAY FL 10

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10018-1064

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1805856.00

Current Approval Amount

1805856.00

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

New Business or 2 years or less

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-1064

CD

NY-12

Jobs Reported

86

NAICS Code

315240

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1805856.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1831781.17

Forgiveness Date

10/04/2021

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