Excel Industries, Inc.

$455,000 PPP Loan in Springfield, Tennessee

Loan Details

Loan Number
5057677207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$455,000
Current Approval
$455,000
Forgiveness Amount
$459,139
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Excel Industries, Inc.
Address
1208 New Hope Lane
ZIP Code
37172
Business Type
Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
TN-06

Loan Use Breakdown

Payroll
$341,250
Utilities
$22,750
Health Care
$91,000

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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