PPP Loan information for Elite electric

$1,273,200

Elite electric was initially approved for PPP Loan of amount $1,291,300, the current approved amount is $1,273,200. The loan was approved on 04/08/2020 by The Wallis Bank reported 88 jobs and $1,273,200 was used to fund payroll.

Elite electric is Existing or more than 2 years old

ELITE ELECTRIC

Date Approved

04/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ELITE ELECTRIC

Borrower Address

9415 BELLEGRAVE AVE

Borrower City

Riverside

Borrower State

CA

Borrower Zip

92509-2741

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1291300.00

Current Approval Amount

1273200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverside

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92509-2741

CD

CA-39

Jobs Reported

88

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1273200.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1285790.53

Forgiveness Date

04/14/2021

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