# PPP loan: XCELL LABORATORIES OF WNY, INC.
> **$454K** approved 04/15/2020 · Paid in Full · Loan `1153557208`
## Borrower
- **Name:** XCELL LABORATORIES OF WNY, INC.
- **Address:** 40 North Pointe Parkway Suite 100, Buffalo, NY, 14228
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Rent:** $34K
- **Utilities:** $5K
- **Health care:** $36K
- **Jobs reported:** 51
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*