PPP Loan information for Elevate energy

$2,000,000

Elevate energy was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The PNC Bank, National Association reported 150 jobs and $2,000,000 was used to fund payroll.

Elevate energy is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Elevate energy

ELEVATE ENERGY

Date Approved

03/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ELEVATE ENERGY

Borrower Address

322 S Green St 322 S Green St

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60607-3555

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60607-3555

CD

IL-07

Jobs Reported

150

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Non-Profit Organization

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2027444.44

Forgiveness Date

08/05/2022

;