# PPP loan: AEXCEL CORPORATION
> **$485K** approved 07/31/2020 · Paid in Full · Loan `1855498204`
## Borrower
- **Name:** AEXCEL CORPORATION
- **Address:** 7373 Production Drive, MENTOR, OH, 44060-4858
- **NAICS:** 325510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Health care:** $165K
- **Jobs reported:** 33
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*