Xcel Hermetic Motor Rewinding Inc.

$90,244 PPP Loan in Wadesboro, North Carolina

Loan Details

Loan Number
4800167406
Date Approved
May 11, 2020
Loan Status
Paid in Full
Initial Approval
$90,244
Current Approval
$90,244
Forgiveness Amount
$91,312
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Xcel Hermetic Motor Rewinding Inc.
Address
2356 Bethel Road
ZIP Code
28170
Business Type
Corporation
Industry (NAICS)
Manufacturing (333415)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$90,244

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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