# PPP loan: EXCELL USA INC
> **$581K** approved 06/08/2020 · Paid in Full · Loan `9423957806`
## Borrower
- **Name:** EXCELL USA INC
- **Address:** 1065 E BECKES LN, VINCENNES, IN, 47591-8029
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $581K
- **Initial approval:** $581K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $581K
- **Jobs reported:** 53
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*