PPP Loan information for Exxel pacific, inc. employee stock ownership plan

$4,228,000

Exxel pacific, inc. employee stock ownership plan was initially approved for PPP Loan of amount $4,228,000, the current approved amount is $4,228,000. The loan was approved on 04/05/2020 by The Peoples Bank reported 200 jobs and $4,228,000 was used to fund payroll.

Exxel pacific, inc. employee stock ownership plan is Existing or more than 2 years old

EXXEL PACIFIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

04/05/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

EXXEL PACIFIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

323 Telegraph Road

Borrower City

BELLINGHAM

Borrower State

WA

Borrower Zip

98226-8751

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4228000.00

Current Approval Amount

4228000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74316

Servicing Lender Name

Peoples Bank

Servicing Lender Address

3100 Woburn St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98226-8678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

WHATCOM

Project State

WA

Project Zip

98226-8751

CD

WA-02

Jobs Reported

200

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4228000.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

74316

Originating Lender

Peoples Bank

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4284138.44

Forgiveness Date

08/13/2021

;