PPP Loan information for The element group inc.

$437,184

The element group inc. was initially approved for PPP Loan of amount $437,184, the current approved amount is $437,184. The loan was approved on 03/04/2021 by The Needham Bank reported 27 jobs and $437,184 was used to fund payroll.

The element group inc. is Existing or more than 2 years old

PPP Loan Search / NH / Portsmouth / The element group inc.

THE ELEMENT GROUP INC.

Date Approved

03/04/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

THE ELEMENT GROUP INC.

Borrower Address

155 Brewery Ln

Borrower City

Portsmouth

Borrower State

NH

Borrower Zip

03801-4995

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437183.67

Current Approval Amount

437183.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03801-4995

CD

NH-01

Jobs Reported

27

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

437183.67

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

438980.98

Forgiveness Date

08/10/2021

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