PPP Loan information for Elite concrete construction, llc

$35,000

Elite concrete construction, llc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 2 jobs and $35,000 was used to fund payroll.

Elite concrete construction, llc is Existing or more than 2 years old

ELITE CONCRETE CONSTRUCTION, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELITE CONCRETE CONSTRUCTION, LLC

Borrower Address

12926 1ST ST

Borrower City

BECKER

Borrower State

MN

Borrower Zip

55308

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-0001

CD

MN-06

Jobs Reported

2

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

26250.00

Mortgage Interest Proceed

5250.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35247.40

Forgiveness Date

01/07/2021

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