# PPP loan: XCELDATA INC.
> **$250K** approved 04/30/2020 · Paid in Full · Loan `7964427303`
## Borrower
- **Name:** XCELDATA INC.
- **Address:** 2118 F Street, Bakersfield, CA, 93301
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $102K (41%)
- **Forgiveness date:** 08/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 10
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*