PPP Loan information for Excel mechanical company, inc.

$1,484,400

Excel mechanical company, inc. was initially approved for PPP Loan of amount $1,484,400, the current approved amount is $1,484,400. The loan was approved on 04/04/2020 by The Iowa State Bank reported 81 jobs and $1,484,400 was used to fund payroll.

Excel mechanical company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Excel mechanical company, inc.

EXCEL MECHANICAL COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

EXCEL MECHANICAL COMPANY, INC.

Borrower Address

5636 NE 17TH ST

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50313-1616

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1484400.00

Current Approval Amount

1484400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50313-1616

CD

IA-03

Jobs Reported

81

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1484400.00

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

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1495827.85

Forgiveness Date

01/20/2021

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