# PPP loan: EXCEL DRYER INC
> **$699K** approved 04/15/2020 · Paid in Full · Loan `1108717209`
## Borrower
- **Name:** EXCEL DRYER INC
- **Address:** 357 CHESTNUT ST, EAST LONGMEADOW, MA, 01028-2742
- **NAICS:** 335210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $699K
- **Initial approval:** $699K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $699K
- **Jobs reported:** 52
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*