# PPP loan: EXCEL ORTHOPAEDIC SPECIALISTS INC.
> **$1.39M** approved 04/14/2020 · Paid in Full · Loan `5837527100`
## Borrower
- **Name:** EXCEL ORTHOPAEDIC SPECIALISTS INC.
- **Address:** 200 Unicorn Park Drive 201, WOBURN, MA, 01801-3324
- **NAICS:** 621340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Jobs reported:** 119
## Lender
- **Originating:** StonehamBank
- **Servicing:** StonehamBank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*