PPP Loan information for Elite power inc.

$930,000

Elite power inc. was initially approved for PPP Loan of amount $930,000, the current approved amount is $930,000. The loan was approved on 03/20/2021 by The BMO Harris Bank National Association reported 32 jobs and $930,000 was used to fund payroll.

Elite power inc. is Existing or more than 2 years old

PPP Loan Search / CA / Sacramento / Elite power inc.

ELITE POWER INC.

Date Approved

03/20/2021

SBA Office Code

0931

Processing Method

PPS

Borrower Name

ELITE POWER INC.

Borrower Address

6530 Asher Ln

Borrower City

Sacramento

Borrower State

CA

Borrower Zip

95828-1832

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

930000.00

Current Approval Amount

930000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sacramento

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95828-1832

CD

CA-07

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

929998.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

933410.00

Forgiveness Date

08/04/2021

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