PPP Loan information for Element contractors

$122,500

Element contractors was initially approved for PPP Loan of amount $112,500, the current approved amount is $122,500. The loan was approved on 04/30/2020 by The Mountain America FCU reported 10 jobs and $122,500 was used to fund payroll.

Element contractors is Existing or more than 2 years old

ELEMENT CONTRACTORS

Date Approved

04/30/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ELEMENT CONTRACTORS

Borrower Address

14346 S Cobden Ct

Borrower City

HERRIMAN

Borrower State

UT

Borrower Zip

84096

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERRIMAN

Project County Name

SALT LAKE

Project State

UT

Project Zip

84096-1200

CD

UT-04

Jobs Reported

10

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123587.40

Forgiveness Date

03/29/2021

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