# PPP loan: EXCELL CONSTRUCTION CORP.
> **$840K** approved 02/03/2021 · Paid in Full · Loan `2594708408`
## Borrower
- **Name:** EXCELL CONSTRUCTION CORP.
- **Address:** 5 Division St Bldg A, East Greenwich, RI, 02818-3800
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $840K
- **Initial approval:** $840K
- **Forgiven:** $843K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $840K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*