PPP Loan information for Elemet group inc.

$1,417,692

Elemet group inc. was initially approved for PPP Loan of amount $1,417,692, the current approved amount is $1,417,692. The loan was approved on 02/03/2021 by The Frandsen Bank & Trust reported 106 jobs and $1,417,692 was used to fund payroll.

Elemet group inc. is Existing or more than 2 years old

PPP Loan Search / MN / Princeton / Elemet group inc.

ELEMET GROUP INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ELEMET GROUP INC.

Borrower Address

1502 14th St S

Borrower City

Princeton

Borrower State

MN

Borrower Zip

55371-2317

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1417692.00

Current Approval Amount

1417692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-2317

CD

MN-06

Jobs Reported

106

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1417689.00

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

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1425770.90

Forgiveness Date

09/09/2021

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