# PPP loan: EXCELSIOR SYNDICATE INC.
> **$1.62M** approved 03/12/2021 · Paid in Full · Loan `9749798508`
## Borrower
- **Name:** EXCELSIOR SYNDICATE INC.
- **Address:** 45 W 81st St, New York, NY, 10024-6025
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $82K (5%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 51
## 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*