# PPP loan: EXCEL MACHINE & TOOL, INC
> **$182K** approved 04/28/2020 · Paid in Full · Loan `8436117207`
## Borrower
- **Name:** EXCEL MACHINE & TOOL, INC
- **Address:** 212 Butler Street, Coldwater, OH, 45828
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $4K
- **Mortgage interest:** $800
- **Utilities:** $5K
- **Jobs reported:** 13
## Lender
- **Originating:** The Peoples Bank Co
- **Servicing:** The Peoples Bank Co (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*