# PPP loan: EXCEL AVIATION INC
> **$344K** approved 04/10/2020 · Paid in Full · Loan `2447707107`
## Borrower
- **Name:** EXCEL AVIATION INC
- **Address:** 2500 Airport Drive, Gainesville, TX, 76240-1738
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 24
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*