# PPP loan: EXCELCO/NEWBROOK INC.
> **$939K** approved 03/13/2021 · Paid in Full · Loan `1754198601`
## Borrower
- **Name:** EXCELCO/NEWBROOK INC.
- **Address:** 16 Mechanic St, Silver Creek, NY, 14136-1202
- **NAICS:** 332111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $939K
- **Initial approval:** $939K
- **Forgiven:** $945K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $939K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Lake Shore Savings Bank
- **Servicing:** Lake Shore Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*