PPP Loan information for Excel medical products, inc.

$146,400

Excel medical products, inc. was initially approved for PPP Loan of amount $146,400, the current approved amount is $146,400. The loan was approved on 04/14/2020 by The First Merchants Bank reported 11 jobs and $146,400 was used to fund payroll.

Excel medical products, inc. is Existing or more than 2 years old

EXCEL MEDICAL PRODUCTS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EXCEL MEDICAL PRODUCTS, INC.

Borrower Address

28011 Grand Oaks Court

Borrower City

Wixom

Borrower State

MI

Borrower Zip

48393-3340

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146400.00

Current Approval Amount

146400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wixom

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3340

CD

MI-11

Jobs Reported

11

NAICS Code

339112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

146400.00

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

Subchapter S 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

147932.19

Forgiveness Date

05/06/2021

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