# PPP loan: EXCEL CIPAL, INC.
> **$300K** approved 02/23/2021 · Paid in Full · Loan `3128308501`
## Borrower
- **Name:** EXCEL CIPAL, INC.
- **Address:** 6002 S Durango Dr Ste 100, Las Vegas, NV, 89113-1785
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 110
## Lender
- **Originating:** Woori America Bank
- **Servicing:** Woori America Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*