PPP Loan information for Elite power and recovery inc.

$689,455

Elite power and recovery inc. was initially approved for PPP Loan of amount $689,455, the current approved amount is $689,455. The loan was approved on 05/27/2021 by The First Southwest Bank reported 28 jobs and $689,455 was used to fund payroll.

Elite power and recovery inc. is Existing or more than 2 years old

PPP Loan Search / NM / Albuquerque / Elite power and recovery inc.

ELITE POWER AND RECOVERY INC.

Date Approved

05/27/2021

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ELITE POWER AND RECOVERY INC.

Borrower Address

2121 Osuna Rd NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87113-1001

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

689455.00

Current Approval Amount

689455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87113-1001

CD

NM-01

Jobs Reported

28

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

689454.00

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

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

690966.13

Forgiveness Date

08/24/2021

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