Xcel Staffing Solutions LLC

$8,964,172 PPP Loan in Waukegan, Illinois

Loan Details

Loan Number
4746167110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$8,964,172
Current Approval
$8,964,172
Forgiveness Amount
$6,104,000
Forgiveness Date
Jan 5, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Xcel Staffing Solutions LLC
Address
1541 S Waukegan Rd
ZIP Code
60085-6727
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$78.7M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$6,723,129
Rent
$672,313
Utilities
$896,417
Mortgage Interest
$672,313

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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