PPP Loan information for Element three inc.

$939,100

Element three inc. was initially approved for PPP Loan of amount $939,100, the current approved amount is $939,100. The loan was approved on 02/10/2021 by The First Merchants Bank reported 47 jobs and $939,100 was used to fund payroll.

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

ELEMENT THREE INC.

Date Approved

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ELEMENT THREE INC.

Borrower Address

3500 Depauw Blvd Ste 3050

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46268-6135

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

939100.00

Current Approval Amount

939100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46268-6135

CD

IN-07

Jobs Reported

47

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

939099.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

943834.09

Forgiveness Date

08/23/2021

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