PPP Loan information for Elite electric, inc.

$261,991

Elite electric, inc. was initially approved for PPP Loan of amount $261,991, the current approved amount is $261,991. The loan was approved on 04/30/2020 by The The First National Bank in Sioux Falls reported 25 jobs and $261,991 was used to fund payroll.

Elite electric, inc. is Existing or more than 2 years old

ELITE ELECTRIC, INC.

Date Approved

04/30/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ELITE ELECTRIC, INC.

Borrower Address

705 9TH AVE N

Borrower City

BRANDON

Borrower State

SD

Borrower Zip

57005-2034

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261991.00

Current Approval Amount

261991.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANDON

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57005-2034

CD

SD-

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

261991.00

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

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263326.08

Forgiveness Date

11/03/2020

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