# PPP loan: EXCEL APPAREL CORP.
> **$427K** approved 01/30/2021 · Paid in Full · Loan `9499568309`
## Borrower
- **Name:** EXCEL APPAREL CORP.
- **Address:** 19 W 34th St Fl 11, New York, NY, 10001-3075
- **NAICS:** 424330
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*