PPP Loan information for Elite electrical systems llc

$150,000

Elite electrical systems llc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $150,000 was used to fund payroll.

Elite electrical systems llc is New Business or 2 years or less

PPP Loan Search / OH / NORTH ROYALTON / Elite electrical systems llc

ELITE ELECTRICAL SYSTEMS LLC

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ELITE ELECTRICAL SYSTEMS LLC

Borrower Address

10919 ABBEY RD

Borrower City

NORTH ROYALTON

Borrower State

OH

Borrower Zip

44133

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH ROYALTON

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44133-0001

CD

OH-07

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151396.50

Forgiveness Date

03/23/2021

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