PPP Loan information for Excelerait corp.

$57,500

Excelerait corp. was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/13/2020 by The The First Bank and Trust Company reported 5 jobs and $57,500 was used to fund payroll.

Excelerait corp. is New Business or 2 years or less

PPP Loan Search / VA / FALLS CHURCH / Excelerait corp.

EXCELERAIT CORP.

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EXCELERAIT CORP.

Borrower Address

998 RAILROAD AVE

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22046-4633

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FALLS CHURCH

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22046-4633

CD

VA-08

Jobs Reported

5

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57787.50

Forgiveness Date

10/14/2020

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