PPP Loan information for Excel mechanical inc

$149,500

Excel mechanical inc was initially approved for PPP Loan of amount $149,500, the current approved amount is $149,500. The loan was approved on 01/16/2021 by The BankGloucester reported 13 jobs and $149,500 was used to fund payroll.

Excel mechanical inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Excel mechanical inc

EXCEL MECHANICAL INC

Date Approved

01/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

EXCEL MECHANICAL INC

Borrower Address

392 McGrath Hwy

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-2116

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

149500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-2116

CD

MA-07

Jobs Reported

13

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149497.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150388.81

Forgiveness Date

09/01/2021

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