# PPP loan: XCEL MASONRY INC
> **$414K** approved 04/05/2020 · Paid in Full · Loan `5298967005`
## Borrower
- **Name:** XCEL MASONRY INC
- **Address:** 848 JAN ST, ONEONTA, AL, 35121-3113
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $411K (99%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Rent:** $21K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Health care:** $21K
- **Debt interest:** $21K
- **Jobs reported:** 24
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*