# PPP loan: EXCELL OPERATING, INC
> **$390K** approved 04/07/2020 · Paid in Full · Loan `7123137000`
## Borrower
- **Name:** EXCELL OPERATING, INC
- **Address:** 1261 Pass Road, GULFPORT, MS, 39501-6236
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 38
## Lender
- **Originating:** First Service Bank
- **Servicing:** First Service Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*