PPP Loan information for Elementx inc

$215,455

Elementx inc was initially approved for PPP Loan of amount $215,455, the current approved amount is $215,455. The loan was approved on 03/27/2021 by The Forbright Bank reported 11 jobs and $215,455 was used to fund payroll.

Elementx inc is Existing or more than 2 years old

PPP Loan Search / VA / Reston / Elementx inc

ELEMENTX INC

Date Approved

03/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ELEMENTX INC

Borrower Address

1800 Jonathan Way Apt 811

Borrower City

Reston

Borrower State

VA

Borrower Zip

20190-3682

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215455.00

Current Approval Amount

215455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reston

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-3682

CD

VA-11

Jobs Reported

11

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

215453.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217250.46

Forgiveness Date

01/25/2022

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