PPP Loan information for Elam company, inc

$77,700

Elam company, inc was initially approved for PPP Loan of amount $77,700, the current approved amount is $77,700. The loan was approved on 04/04/2020 by The Time Bank reported 6 jobs and $77,700 was used to fund payroll.

Elam company, inc is Existing or more than 2 years old

ELAM COMPANY, INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELAM COMPANY, INC

Borrower Address

1400 RENAISSANCE DR STE 403

Borrower City

PARK RIDGE

Borrower State

IL

Borrower Zip

60068-1300

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77700.00

Current Approval Amount

77700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RIDGE

Project County Name

COOK

Project State

IL

Project Zip

60068-1300

CD

IL-09

Jobs Reported

6

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72900.00

Mortgage Interest Proceed

0.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78410.09

Forgiveness Date

03/10/2021

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