PPP Loan information for Microexcel inc

$2,000,000

Microexcel inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/05/2021 by The Bank of America, National Association reported 147 jobs and $2,000,000 was used to fund payroll.

Microexcel inc is Existing or more than 2 years old

MICROEXCEL INC

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MICROEXCEL INC

Borrower Address

400 Plaza Dr Ste 102

Borrower City

Secaucus

Borrower State

NJ

Borrower Zip

07094-3605

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Secaucus

Project County Name

HUDSON

Project State

NJ

Project Zip

07094-3605

CD

NJ-09

Jobs Reported

147

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024054.79

Forgiveness Date

04/22/2022

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