PPP Loan information for Elite octane, llc

$795,900

Elite octane, llc was initially approved for PPP Loan of amount $795,900, the current approved amount is $795,900. The loan was approved on 04/03/2020 by The Commercial Savings Bank reported 52 jobs and $795,900 was used to fund payroll.

Elite octane, llc is Existing or more than 2 years old

ELITE OCTANE, LLC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELITE OCTANE, LLC

Borrower Address

60502 Glacier Rd

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-8275

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

795900.00

Current Approval Amount

795900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24655

Servicing Lender Name

Commercial Savings Bank

Servicing Lender Address

325 W Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-8275

CD

IA-03

Jobs Reported

52

NAICS Code

325193

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

716287.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

79613.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24655

Originating Lender

Commercial Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

800326.51

Forgiveness Date

11/03/2020

;