# PPP loan: X-CEL TOOLING INC.
> **$821K** approved 01/26/2021 · Paid in Full · Loan `6171638309`
## Borrower
- **Name:** X-CEL TOOLING INC.
- **Address:** 1000 Industrial Rd, Iron Ridge, WI, 53035-9533
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $821K
- **Initial approval:** $821K
- **Forgiven:** $825K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $820K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*