# PPP loan: EXCEL PROPERTY MANAGEMENT INC.
> **$1.42M** approved 04/09/2020 · Paid in Full · Loan `9731537005`
## Borrower
- **Name:** EXCEL PROPERTY MANAGEMENT INC.
- **Address:** 1004 BULLARD CT Suite 104, RALEIGH, NC, 27615-6853
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 145
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*