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Excel Business Systems INC

$384,627 PPP Loan in Newark, Delaware

Loan Details

Loan Number
3640007105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$384,627
Current Approval
$384,627
Forgiveness Amount
$387,982
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Excel Business Systems INC
Address
201 Ruthar Rd Ste 10
City
Newark
State
Delaware
ZIP Code
19711
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$288,471
Rent
$96,156

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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