PPP Loan information for Xos technologies, inc.

$1,587,675

Xos technologies, inc. was initially approved for PPP Loan of amount $1,587,675, the current approved amount is $1,587,675. The loan was approved on 06/26/2020 by The Eastern Bank reported 86 jobs and $1,587,675 was used to fund payroll.

Xos technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WILMINGTON / Xos technologies, inc.

XOS TECHNOLOGIES, INC.

Date Approved

06/26/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

XOS TECHNOLOGIES, INC.

Borrower Address

181 BALLARDVALE ST

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-1024

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1587675.00

Current Approval Amount

1587675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-1024

CD

MA-06

Jobs Reported

86

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1587675.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1604566.10

Forgiveness Date

07/22/2021

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