PPP Loan information for Elmech llc

$174,000

Elmech llc was initially approved for PPP Loan of amount $174,000, the current approved amount is $174,000. The loan was approved on 02/04/2021 by The Cornerstone Bank reported 25 jobs and $174,000 was used to fund payroll.

Elmech llc is Existing or more than 2 years old

PPP Loan Search / VA / Lexington / Elmech llc

ELMECH LLC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ELMECH LLC

Borrower Address

1100 N Lee Hwy

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-3300

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174000.00

Current Approval Amount

174000.00

Undisbursed Amount

0.00

Franchise Name

Wingate by Wyndham

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-3300

CD

VA-06

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

173996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175401.53

Forgiveness Date

12/01/2021

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