# PPP loan: ADXCEL INC.
> **$155K** approved 04/30/2020 · Paid in Full · Loan `5713397303`
## Borrower
- **Name:** ADXCEL INC.
- **Address:** 1244-B Quarry Lane, Pleasanton, CA, 94566
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 6
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*