PPP Loan information for Elite mechanical systems

$86,200

Elite mechanical systems was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/03/2020 by The United Prairie Bank reported 7 jobs and $86,200 was used to fund payroll.

Elite mechanical systems is Existing or more than 2 years old

ELITE MECHANICAL SYSTEMS

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELITE MECHANICAL SYSTEMS

Borrower Address

49031 Country Rd 17 PO 305

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-0305

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86200.00

Current Approval Amount

86200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38650

Servicing Lender Name

United Prairie Bank

Servicing Lender Address

1141 Third Ave

Servicing Lender City

MOUNTAIN LAKE

Servicing Lender State

MN

Servicing Lender Zip

56159-1594

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-0305

CD

MN-07

Jobs Reported

7

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38650

Originating Lender

United Prairie Bank

Originating Lender City

MOUNTAIN LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87191.89

Forgiveness Date

06/08/2021

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