# PPP loan: X-CEL TECHNOLOGIES INC
> **$784K** approved 01/27/2021 · Paid in Full · Loan `7017458310`
## Borrower
- **Name:** X-CEL TECHNOLOGIES INC
- **Address:** 7800 Graphic Dr, Tinley Park, IL, 60477-6266
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $784K
- **Initial approval:** $784K
- **Forgiven:** $792K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $784K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*