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

$2,000,000

Exxel pacific inc. employee stock ownership plan was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/15/2021 by The Peoples Bank reported 200 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / WA / Bellingham / Exxel pacific inc. employee stock ownership plan

EXXEL PACIFIC INC. EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

03/15/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

EXXEL PACIFIC INC. EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

323A Telegraph Rd

Borrower City

Bellingham

Borrower State

WA

Borrower Zip

98226-8751

Loan Status Date

02/17/2022

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

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

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016888.89

Forgiveness Date

01/21/2022

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