PPP Loan information for Excel equipment supply co. inc

$677,500

Excel equipment supply co. inc was initially approved for PPP Loan of amount $677,500, the current approved amount is $677,500. The loan was approved on 04/09/2020 by The First Merchants Bank reported 32 jobs and $677,500 was used to fund payroll.

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

PPP Loan Search / IN / GREENWOOD / Excel equipment supply co. inc

EXCEL EQUIPMENT SUPPLY CO. INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

EXCEL EQUIPMENT SUPPLY CO. INC

Borrower Address

585 SAYRE CT

Borrower City

GREENWOOD

Borrower State

IN

Borrower Zip

46143-9767

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

677500.00

Current Approval Amount

677500.00

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

32

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

677500.00

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

684089.38

Forgiveness Date

04/08/2021

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