PPP Loan information for Excel dryer inc

$699,390

Excel dryer inc was initially approved for PPP Loan of amount $699,390, the current approved amount is $699,390. The loan was approved on 04/15/2020 by The TD Bank, National Association reported 52 jobs and $699,390 was used to fund payroll.

Excel dryer inc is Existing or more than 2 years old

EXCEL DRYER INC

Date Approved

04/15/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

EXCEL DRYER INC

Borrower Address

357 CHESTNUT ST

Borrower City

EAST LONGMEADOW

Borrower State

MA

Borrower Zip

01028-2742

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

699390.00

Current Approval Amount

699390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LONGMEADOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01028-2742

CD

MA-01

Jobs Reported

52

NAICS Code

335210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

699390.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704013.74

Forgiveness Date

12/21/2020

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