PPP Loan information for Element industries, inc.

$92,295

Element industries, inc. was initially approved for PPP Loan of amount $92,295, the current approved amount is $92,295. The loan was approved on 04/10/2020 by The Bank Rhode Island reported 6 jobs and $92,295 was used to fund payroll.

Element industries, inc. is Existing or more than 2 years old

PPP Loan Search / RI / BRISTOL / Element industries, inc.

ELEMENT INDUSTRIES, INC.

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ELEMENT INDUSTRIES, INC.

Borrower Address

48 Ballou Blvd

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809-2728

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92295.00

Current Approval Amount

92295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-2728

CD

RI-01

Jobs Reported

6

NAICS Code

335991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92295.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93169.24

Forgiveness Date

04/01/2021

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