PPP Loan information for Excelacom inc

$1,780,000

Excelacom inc was initially approved for PPP Loan of amount $1,780,000, the current approved amount is $1,780,000. The loan was approved on 04/08/2020 by The Somerset Trust Company reported 78 jobs and $1,780,000 was used to fund payroll.

Excelacom inc is Existing or more than 2 years old

PPP Loan Search / VA / RESTON / Excelacom inc

EXCELACOM INC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EXCELACOM INC

Borrower Address

11091 Sunset Hills Rd #500

Borrower City

RESTON

Borrower State

VA

Borrower Zip

20190-5311

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1780000.00

Current Approval Amount

1780000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RESTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-5311

CD

VA-11

Jobs Reported

78

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1780000.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1798726.58

Forgiveness Date

05/10/2021

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