Excel Engineering, Inc.

$1,036,000 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
9377777003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,036,000
Current Approval
$1,036,000
Forgiveness Amount
$1,045,986
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Excel Engineering, Inc.
Address
5267 Program Ave 2nd Floor
ZIP Code
55112-4975
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$777,000
Rent
$258,000
Utilities
$1,000

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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