PPP Loan information for Excel financial, llc

$94,775

Excel financial, llc was initially approved for PPP Loan of amount $94,775, the current approved amount is $94,775. The loan was approved on 05/15/2020 by The First Farmers & Merchants Bank reported 4 jobs and $94,775 was used to fund payroll.

Excel financial, llc is Existing or more than 2 years old

EXCEL FINANCIAL, LLC

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EXCEL FINANCIAL, LLC

Borrower Address

321 MAIN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2322

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94775.00

Current Approval Amount

94775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2322

CD

MN-01

Jobs Reported

4

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22746.00

Payroll Proceed

72029.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

95377.87

Forgiveness Date

01/07/2021

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