PPP Loan information for Excel electric, inc

$611,800

Excel electric, inc was initially approved for PPP Loan of amount $611,800, the current approved amount is $611,800. The loan was approved on 04/28/2020 by The Old Second National Bank reported 26 jobs and $611,800 was used to fund payroll.

Excel electric, inc is Existing or more than 2 years old

PPP Loan Search / IL / FRANKFORT / Excel electric, inc

EXCEL ELECTRIC, INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

EXCEL ELECTRIC, INC

Borrower Address

24 W. SANGMEISTER RD

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423-7737

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611800.00

Current Approval Amount

611800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-7737

CD

IL-01

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611800.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

615266.87

Forgiveness Date

11/23/2020

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