1331 XINYI INC (IL) - 2020 PPP Loan Borrower Profile (# 7325217706)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1331 XINYI INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Illinois.
Loan Detail
Loan Number
7325217706
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$23,196
Date Loan was Approved
May 1, 2020
Amount Forgiven
$23,430.54
Date Loan was Forgiven
May 6, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
23,196
Lender
U.S. Bank, National Association
Business Detail
Business Type
Corporation
NAICS
Borrower Location
DOWNERS GROVE, IL
Project Location
DOWNERS GROVE, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
New Business or 2 years or less
Data Source: SBA.