PPP Loan information for Xcel mechanical systems inc.

$2,000,000

Xcel mechanical systems 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 03/25/2021 by The American Business Bank reported 178 jobs and $2,000,000 was used to fund payroll.

Xcel mechanical systems inc. is Existing or more than 2 years old

PPP Loan Search / CA / Gardena / Xcel mechanical systems inc.

XCEL MECHANICAL SYSTEMS INC.

Date Approved

03/25/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

XCEL MECHANICAL SYSTEMS INC.

Borrower Address

1710 W 130th St

Borrower City

Gardena

Borrower State

CA

Borrower Zip

90249-2004

Loan Status Date

07/23/2021

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

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gardena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90249-2004

CD

CA-43

Jobs Reported

178

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2004273.97

Forgiveness Date

06/16/2021

;