Xion Hospitality INC

$106,000 PPP Loan in Washington, Utah

Loan Details

Loan Number
3755607304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$106,000
Current Approval
$106,000
Forgiveness Amount
$106,970
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Xion Hospitality INC
Address
2450 Town Center Dr
State
Utah
ZIP Code
84780-2469
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
New Business or 2 years or less
Jobs Reported
28
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$79,500
Rent
$15,900
Utilities
$10,600

Lender Information

Servicing Lender
Open Bank
Originating Lender
Open Bank

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