PPP Loan information for Excel electric inc

$1,331,387

Excel electric inc was initially approved for PPP Loan of amount $1,331,387, the current approved amount is $1,331,387. The loan was approved on 01/27/2021 by The Grand River Bank reported 104 jobs and $1,331,387 was used to fund payroll.

Excel electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Excel electric inc

EXCEL ELECTRIC INC

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EXCEL ELECTRIC INC

Borrower Address

3115 Dixie Ave SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1182

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1331387.00

Current Approval Amount

1331387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1182

CD

MI-02

Jobs Reported

104

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1331387.00

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

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1341016.76

Forgiveness Date

10/27/2021

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