# PPP loan: EXCEL ELECTRIC INC
> **$404K** approved 04/13/2020 · Paid in Full · Loan `5528657100`
## Borrower
- **Name:** EXCEL ELECTRIC INC
- **Address:** 1615 Thomas Dr #106, JACKSON, CA, 95642-2664
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 25
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*