PPP Loan information for Element one, inc.

$164,888

Element one, inc. was initially approved for PPP Loan of amount $164,887, the current approved amount is $164,888. The loan was approved on 04/10/2020 by The Southern Bank and Trust Company reported 12 jobs and $164,888 was used to fund payroll.

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

PPP Loan Search / NC / WILMINGTON / Element one, inc.

ELEMENT ONE, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELEMENT ONE, INC.

Borrower Address

6319 D CAROLINA BEACH RD

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28412-2907

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164887.00

Current Approval Amount

164888.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28412-2907

CD

NC-07

Jobs Reported

12

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

164888.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166381.15

Forgiveness Date

03/09/2021

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