As part of the Paycheck Protection Program XCEL MECHANICAL SYSTEMS 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 MECHANICAL SYSTEMS INC


Loan Amount	$2,630,300
BusinessName	XCEL MECHANICAL SYSTEMS INC
Address	1710 W 130TH ST
City	GARDENA
State	CA
Zip	90249
NAICSCode	238220
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	157
DateApproved	04/04/2020
Lender	American Business Bank
CD	CA-43
BusinessName.clean	XCEL MECHANICAL SYSTEMS

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

BEL AIR LIGHTING
XCEL PROTECTIVE SERVICES
XCEL STAFFING
XCEL STAFFING SOLUTIONS
XCELDYNE