PPP Loan information for Excel mechanical inc

$185,600

Excel mechanical inc was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,600. The loan was approved on 04/05/2020 by The BankGloucester reported 13 jobs and $185,600 was used to fund payroll.

Excel mechanical inc is Existing or more than 2 years old

EXCEL MECHANICAL INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXCEL MECHANICAL INC

Borrower Address

392 MCGRATH HWY

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-2116

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185600.00

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

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185600.00

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

176006.85

Forgiveness Date

11/12/2020

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