# PPP loan: XCEL MED LLC
> **$383K** approved 01/23/2021 · Paid in Full · Loan `4900448302`
## Borrower
- **Name:** XCEL MED LLC
- **Address:** 7444 W Wilson Ave, Harwood Heights, IL, 60706-4500
- **NAICS:** 423450
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $383K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Belmont Bank & Trust Company
- **Servicing:** Belmont Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*