PPP Loan information for Excel air inc.

$188,980

Excel air inc. was initially approved for PPP Loan of amount $188,980, the current approved amount is $188,980. The loan was approved on 02/23/2021 by The Live Oak Banking Company reported 7 jobs and $188,980 was used to fund payroll.

Excel air inc. is Existing or more than 2 years old

EXCEL AIR INC.

Date Approved

02/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EXCEL AIR INC.

Borrower Address

632 South Ave Ste D2

Borrower City

Garwood

Borrower State

NJ

Borrower Zip

07027-1253

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188980.00

Current Approval Amount

188980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garwood

Project County Name

UNION

Project State

NJ

Project Zip

07027-1253

CD

NJ-10

Jobs Reported

7

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188980.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

190295.09

Forgiveness Date

11/15/2021

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