PPP Loan information for Elevated resources inc

$2,000,000

Elevated resources inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The American Business Bank reported 145 jobs and $2,000,000 was used to fund payroll.

Elevated resources inc is Existing or more than 2 years old

PPP Loan Search / CA / Newport Beach / Elevated resources inc

ELEVATED RESOURCES INC

Date Approved

02/04/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

ELEVATED RESOURCES INC

Borrower Address

3990 Westerly Pl Ste 270

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92660-2348

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92660-2348

CD

CA-47

Jobs Reported

145

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2027726.03

Forgiveness Date

06/30/2022

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