PPP Loan information for Elite electric & utility contractors, inc.

$170,100

Elite electric & utility contractors, inc. was initially approved for PPP Loan of amount $170,100, the current approved amount is $170,100. The loan was approved on 04/06/2020 by The Raccoon Valley Bank reported 21 jobs and $170,100 was used to fund payroll.

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

PPP Loan Search / IA / DALLAS CENTER / Elite electric & utility contractors, inc.

ELITE ELECTRIC & UTILITY CONTRACTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELITE ELECTRIC & UTILITY CONTRACTORS, INC.

Borrower Address

1403 SUGAR GROVE AVE

Borrower City

DALLAS CENTER

Borrower State

IA

Borrower Zip

50063-2028

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170100.00

Current Approval Amount

170100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS CENTER

Project County Name

DALLAS

Project State

IA

Project Zip

50063-2028

CD

IA-03

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170100.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171786.82

Forgiveness Date

04/08/2021

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