PPP Loan information for Element 51 inc.

$38,100

Element 51 inc. was initially approved for PPP Loan of amount $38,100, the current approved amount is $38,100. The loan was approved on 06/16/2020 by The Umpqua Bank reported 4 jobs and $38,100 was used to fund payroll.

Element 51 inc. is Existing or more than 2 years old

ELEMENT 51 INC.

Date Approved

06/16/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ELEMENT 51 INC.

Borrower Address

3121 TAYLOR WAY

Borrower City

FOREST GROVE

Borrower State

OR

Borrower Zip

97116-1932

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38100.00

Current Approval Amount

38100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST GROVE

Project County Name

WASHINGTON

Project State

OR

Project Zip

97116-1932

CD

OR-01

Jobs Reported

4

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38488.31

Forgiveness Date

06/28/2021

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