Xcel Mechanical Systems Inc.

$2,630,300 PPP Loan in Gardena, California

Loan Details

Loan Number
4602687005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,630,300
Current Approval
$2,630,300
Forgiveness Amount
$2,652,207
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Xcel Mechanical Systems Inc.
Address
1710 W 130th St
ZIP Code
90249-2004
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$49.7M
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$2,104,300
Rent
$80,000
Utilities
$446,000

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

Other PPP Loans in Gardena, CA

BusinessApproved
Martin Bros./marcowall, INC$9,704,200NewBizBotAI Deep Dive
Faraday&future Inc.$9,167,800NewBizBotAI Deep Dive
Prime Wheel$7,067,900NewBizBotAI Deep Dive
Washington Ornamental Iron Works, Inc.$5,879,800NewBizBotAI Deep Dive
Pegasus Trucking, LLC$5,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free