# PPP loan: EXCELL 7 MACHINE SHOP INC.
> **$396K** approved 01/23/2021 · Paid in Full · Loan `4852998308`
## Borrower
- **Name:** EXCELL 7 MACHINE SHOP INC.
- **Address:** 4206 Bluebonnet Dr, Houston, TX, 77053-4803
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*