PPP Loan information for Excel industries, inc.

$455,000

Excel industries, inc. was initially approved for PPP Loan of amount $455,000, the current approved amount is $455,000. The loan was approved on 04/27/2020 by The American Express National Bank reported 27 jobs and $455,000 was used to fund payroll.

Excel industries, inc. is Existing or more than 2 years old

EXCEL INDUSTRIES, INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

EXCEL INDUSTRIES, INC.

Borrower Address

1208 New Hope Lane

Borrower City

Springfield

Borrower State

TN

Borrower Zip

37172

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

455000.00

Current Approval Amount

455000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-0001

CD

TN-06

Jobs Reported

27

NAICS Code

333923

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22750.00

Payroll Proceed

341250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

91000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

459138.63

Forgiveness Date

04/06/2021

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