Excel Electric INC

$1,331,387 PPP Loan in Grandville, Michigan

Loan Details

Loan Number
6664038304
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,331,387
Current Approval
$1,331,387
Forgiveness Amount
$1,341,017
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Excel Electric INC
Address
3115 Dixie Ave SW
ZIP Code
49418-1182
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$34.2M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$1,331,387

Lender Information

Servicing Lender
Grand River Bank
Originating Lender
Grand River Bank

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