PPP Loan information for Elite electronic engineering inc

$1,986,000

Elite electronic engineering inc was initially approved for PPP Loan of amount $1,986,000, the current approved amount is $1,986,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 82 jobs and $1,986,000 was used to fund payroll.

Elite electronic engineering inc is Existing or more than 2 years old

PPP Loan Search / IL / Downers Grove / Elite electronic engineering inc

ELITE ELECTRONIC ENGINEERING INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELITE ELECTRONIC ENGINEERING INC

Borrower Address

1516 Centre Circle Drive

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60515-1019

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1986000.00

Current Approval Amount

1986000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-1019

CD

IL-06

Jobs Reported

82

NAICS Code

541712

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1986000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2006356.50

Forgiveness Date

05/21/2021

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