As part of the Paycheck Protection Program XCEL MANAGEMENT, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

XCEL MANAGEMENT, INC


Loan Amount	$1,049,680
BusinessName	XCEL MANAGEMENT, INC
Address	7361 Calhoun Pl, #600
City	DERWOOD
State	MD
Zip	20855
NAICSCode	541214
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	76
DateApproved	04/15/2020
Lender	Sandy Spring Bank
CD	MD-06
BusinessName.clean	XCEL MANAGEMENT

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

XCEL MECHANICAL SYSTEMS
BEL AIR LIGHTING
XCEL PROTECTIVE SERVICES
XCEL STAFFING
XCEL STAFFING SOLUTIONS