# PPP loan: EXCEL EQUIPMENT AND SUPPLY CO. INC.
> **$683K** approved 02/16/2021 · Paid in Full · Loan `9188928400`
## Borrower
- **Name:** EXCEL EQUIPMENT AND SUPPLY CO. INC.
- **Address:** 585 Sayre Ct, Greenwood, IN, 46143-9767
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $683K
- **Initial approval:** $683K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $683K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*