Xeratec Corporation

$217,200 PPP Loan in Hancock, Michigan

Loan Details

Loan Number
7488617005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$217,200
Current Approval
$217,200
Forgiveness Amount
$218,466
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Xeratec Corporation
Address
401 Hancock St
ZIP Code
49930-2048
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$217,200

Lender Information

Servicing Lender
Incrediblebank
Originating Lender
Incrediblebank

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