# PPP loan: EXCEL EXCAVATING, INC.
> **$323K** approved 04/09/2020 · Paid in Full · Loan `9201847007`
## Borrower
- **Name:** EXCEL EXCAVATING, INC.
- **Address:** 5710 Utica Sellersburg Rd, SELLERSBURG, IN, 47172-9998
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Rent:** $20K
- **Utilities:** $3K
- **Health care:** $22K
- **Jobs reported:** 25
## Lender
- **Originating:** The New Washington State Bank
- **Servicing:** The New Washington State Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*