# PPP loan: EXCELERATED PROCUREMENT SOLUTIONS INC
> **$349K** approved 01/29/2021 · Paid in Full · Loan `8502868302`
## Borrower
- **Name:** EXCELERATED PROCUREMENT SOLUTIONS INC
- **Address:** 380 Lexington Ave Fl 17, New York, NY, 10168-1799
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $349K
- **Jobs reported:** 12
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*