# PPP loan: AMCEL LTD
> **$310K** approved 03/12/2021 · Paid in Full · Loan `1163468608`
## Borrower
- **Name:** AMCEL LTD
- **Address:** 3285 E McDowell Rd, Phoenix, AZ, 85008-3841
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 08/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** First Secure Bank and Trust Co.
- **Servicing:** First Secure Bank and Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*