PPP Loan information for Elite construction & design, inc.

$198,000

Elite construction & design, inc. was initially approved for PPP Loan of amount $204,500, the current approved amount is $198,000. The loan was approved on 04/04/2020 by The Hometown Bank reported 15 jobs and $198,000 was used to fund payroll.

Elite construction & design, inc. is Existing or more than 2 years old

PPP Loan Search / MA / FITCHBURG / Elite construction & design, inc.

ELITE CONSTRUCTION & DESIGN, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELITE CONSTRUCTION & DESIGN, INC.

Borrower Address

431 WESTMINSTER ST

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-4700

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204500.00

Current Approval Amount

198000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-4700

CD

MA-02

Jobs Reported

15

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198000.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200175.29

Forgiveness Date

05/20/2021

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