PPP Loan information for Elem electronics

$23,000

Elem electronics was initially approved for PPP Loan of amount $24,117, the current approved amount is $23,000. The loan was approved on 05/01/2020 by The Cross River Bank reported 6 jobs and $23,000 was used to fund payroll.

Elem electronics is Existing or more than 2 years old

ELEM ELECTRONICS

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ELEM ELECTRONICS

Borrower Address

1115 CANTON RD NW STE F

Borrower City

CARROLLTON

Borrower State

OH

Borrower Zip

44615-9498

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24117.00

Current Approval Amount

23000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

CARROLL

Project State

OH

Project Zip

44615-9498

CD

OH-06

Jobs Reported

6

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23000.00

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

Sole Proprietorship

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23260.25

Forgiveness Date

06/24/2021

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