# PPP loan: EXCELL SOLUTIONS, INC.
> **$429K** approved 04/13/2020 · Paid in Full · Loan `4844217105`
## Borrower
- **Name:** EXCELL SOLUTIONS, INC.
- **Address:** 18 ESQUIRE RDUnit A, NORTH BILLERICA, MA, 01862-2502
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $27K
- **Utilities:** $11K
- **Health care:** $10K
- **Jobs reported:** 27
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*