# PPP loan: XCEL MEDIA GROUP, INC.
> **$329K** approved 01/27/2021 · Paid in Full · Loan `6695588308`
## Borrower
- **Name:** XCEL MEDIA GROUP, INC.
- **Address:** 5739 Byron Anthony Pl, Sanford, FL, 32771-8637
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 24
## Lender
- **Originating:** Florida Capital Bank, National Association
- **Servicing:** Florida Capital Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*