As part of the Paycheck Protection Program XCHANGE TELECOM CORP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

XCHANGE TELECOM CORP


Loan Amount	$1,203,000
BusinessName	XCHANGE TELECOM CORP
Address	3611 14TH AVE
City	BROOKLYN
State	NY
Zip	11218
NAICSCode	517312
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	100
DateApproved	04/28/2020
Lender	Mid Penn Bank
CD	NY-10
BusinessName.clean	XCHANGE TELECOM CORP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

XCLUSIVE STAFFING
XCLUSIVE STAFFING OF FLORIDA
XCLUSIVE STAFFING OF KANSAS AND MISSOURI
XCLUSIVE STAFFING OF TENNESSEEE
XCOAL ENERGY RESOURCES