# PPP loan: EXCELSIOR TRANSPORTATION INC.
> **$421K** approved 04/11/2020 · Charged Off · Loan `3464627103`
## Borrower
- **Name:** EXCELSIOR TRANSPORTATION INC.
- **Address:** 11500 Tanner Rd, HOUSTON, TX, 77041-6905
- **NAICS:** 485320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $195K (46%)
- **Forgiveness date:** 05/11/2022
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $421K
- **Jobs reported:** 93
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*