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
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
Servicing Lender Zip
51401-2207
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CASS
Project State
Project Zip
CD
IA-03
Jobs Reported
52
NAICS Code
325193
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
716287.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
79613.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
800326.51
Forgiveness Date
11/03/2020