PPP Loan information for Elote inc

$314,359

Elote inc was initially approved for PPP Loan of amount $314,359, the current approved amount is $314,359. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 23 jobs and $314,359 was used to fund payroll.

Elote inc is New Business or 2 years or less

ELOTE INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

ELOTE INC

Borrower Address

350 JORDAN RD

Borrower City

SEDONA

Borrower State

AZ

Borrower Zip

86336-4830

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314359.00

Current Approval Amount

314359.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SEDONA

Project County Name

COCONINO

Project State

AZ

Project Zip

86336-4830

CD

AZ-02

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314359.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

317201.15

Forgiveness Date

03/31/2021

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