X-Cel Industries Inc.

$979,062 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
7434358305
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$979,062
Current Approval
$979,062
Forgiveness Amount
$983,166
Forgiveness Date
Jul 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
X-Cel Industries Inc.
Address
21121 Telegraph Rd
ZIP Code
48033-4253
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
134
Estimated Revenue
$32.8M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$979,058
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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