PPP Loan information for Excel equipment and supply co. inc.

$683,282

Excel equipment and supply co. inc. was initially approved for PPP Loan of amount $683,282, the current approved amount is $683,282. The loan was approved on 02/16/2021 by The First Merchants Bank reported 70 jobs and $683,282 was used to fund payroll.

Excel equipment and supply co. inc. is Existing or more than 2 years old

PPP Loan Search / IN / Greenwood / Excel equipment and supply co. inc.

EXCEL EQUIPMENT AND SUPPLY CO. INC.

Date Approved

02/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

EXCEL EQUIPMENT AND SUPPLY CO. INC.

Borrower Address

585 Sayre Ct

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143-9767

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

683282.00

Current Approval Amount

683282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143-9767

CD

IN-06

Jobs Reported

70

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

683277.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687905.85

Forgiveness Date

10/29/2021

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