PPP Loan information for Xedia networks inc

$65,781

Xedia networks inc was initially approved for PPP Loan of amount $44,795, the current approved amount is $65,781. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $65,781 was used to fund payroll.

Xedia networks inc is New Business or 2 years or less

XEDIA NETWORKS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

XEDIA NETWORKS INC

Borrower Address

718 STATE ROUTE 18

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-3723

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44795.00

Current Approval Amount

65781.00

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

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-3723

CD

NJ-12

Jobs Reported

6

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65781.00

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

56390.89

Forgiveness Date

06/10/2021

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