PPP Loan information for Xcite manufacturing llc

$252,500

Xcite manufacturing llc was initially approved for PPP Loan of amount $252,500, the current approved amount is $252,500. The loan was approved on 04/07/2020 by The First Horizon Bank reported 21 jobs and $252,500 was used to fund payroll.

Xcite manufacturing llc is New Business or 2 years or less

PPP Loan Search / TN / BRENTWOOD / Xcite manufacturing llc

XCITE MANUFACTURING LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

XCITE MANUFACTURING LLC

Borrower Address

9554 SANCTUARY PLACE

Borrower City

BRENTWOOD

Borrower State

TN

Borrower Zip

37027-8498

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252500.00

Current Approval Amount

252500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRENTWOOD

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37027-8498

CD

TN-07

Jobs Reported

21

NAICS Code

331318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

219000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255978.89

Forgiveness Date

09/02/2021

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