PPP Loan information for Elevate electric llc

$48,000

Elevate electric llc was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 4 jobs and $48,000 was used to fund payroll.

Elevate electric llc is Existing or more than 2 years old

ELEVATE ELECTRIC LLC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ELEVATE ELECTRIC LLC

Borrower Address

844 12th Ave West

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-1069

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-1069

CD

ND-

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48000.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48441.33

Forgiveness Date

03/11/2021

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