# PPP loan: EXCEL BOTTLING CO.
> **$327K** approved 04/28/2020 · Paid in Full · Loan `8122797209`
## Borrower
- **Name:** EXCEL BOTTLING CO.
- **Address:** 488 S BROADWAY, BREESE, IL, 62230-1805
- **NAICS:** 312120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Mortgage interest:** $41K
- **Utilities:** $41K
- **Jobs reported:** 26
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*