# PPP loan: EXCEL AIRCRAFT, LLC
> **$2.53M** approved 04/05/2020 · Paid in Full · Loan `5149987007`
## Borrower
- **Name:** EXCEL AIRCRAFT, LLC
- **Address:** 2228 SE Loop # 59, CARTHAGE, TX, 75633-3160
- **NAICS:** 115310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Jobs reported:** 227
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*