# PPP loan: EXCEL PHOTO, INC
> **$169K** approved 04/27/2020 · Paid in Full · Loan `4328027209`
## Borrower
- **Name:** EXCEL PHOTO, INC
- **Address:** 1750 Salem Industrial Dr NE, Salem, OR, 97301-0376
- **NAICS:** 541921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $92K (54%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 22
## Lender
- **Originating:** Pioneer Trust Bank, National Association
- **Servicing:** Pioneer Trust Bank, National Association (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*