# PPP loan: X-CEL TECHNOLOGIES INC.
> **$784K** approved 04/08/2020 · Paid in Full · Loan `7711637004`
## 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:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Jobs reported:** 70
## 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*