# PPP loan: X-CEL TOOLING, INC.
> **$821K** approved 04/09/2020 · Paid in Full · Loan `9570907007`
## Borrower
- **Name:** X-CEL TOOLING, INC.
- **Address:** 1000 INDUSTRIAL RD, IRON RIDGE, WI, 53035-9533
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $821K
- **Initial approval:** $821K
- **Forgiven:** $826K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $821K
- **Jobs reported:** 59
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*