PPP Loan information for Element machinery, llc

$110,300

Element machinery, llc was initially approved for PPP Loan of amount $110,300, the current approved amount is $110,300. The loan was approved on 04/14/2020 by The Signature Bank, National Association reported 6 jobs and $110,300 was used to fund payroll.

Element machinery, llc is Existing or more than 2 years old

PPP Loan Search / OH / TOLEDO / Element machinery, llc

ELEMENT MACHINERY, LLC

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ELEMENT MACHINERY, LLC

Borrower Address

4801 BENNETT RD

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43612-2500

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110300.00

Current Approval Amount

110300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43612-2500

CD

OH-09

Jobs Reported

6

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8272.50

Payroll Proceed

93755.00

Mortgage Interest Proceed

2757.50

Rent Proceed

5515.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111079.65

Forgiveness Date

01/07/2021

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