PPP Loan information for Elcor construction inc

$848,300

Elcor construction inc was initially approved for PPP Loan of amount $893,900, the current approved amount is $848,300. The loan was approved on 04/04/2020 by The Premier Bank Minnesota reported 58 jobs and $848,300 was used to fund payroll.

Elcor construction inc is Existing or more than 2 years old

ELCOR CONSTRUCTION INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELCOR CONSTRUCTION INC

Borrower Address

123 CARLTON ST

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-2804

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

893900.00

Current Approval Amount

848300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117020

Servicing Lender Name

Premier Bank Minnesota

Servicing Lender Address

101 E 10th St

Servicing Lender City

Hastings

Servicing Lender State

MN

Servicing Lender Zip

55033

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-2804

CD

MN-01

Jobs Reported

58

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

848300.00

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

Subchapter S Corporation

Originating Lender Location Id

117020

Originating Lender

Premier Bank Minnesota

Originating Lender City

Hastings

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

854685.81

Forgiveness Date

01/07/2021

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