PPP Loan information for Elite power, inc.

$921,362

Elite power, inc. was initially approved for PPP Loan of amount $921,362, the current approved amount is $921,362. The loan was approved on 05/01/2020 by The BMO Harris Bank National Association reported 31 jobs and $921,362 was used to fund payroll.

Elite power, inc. is New Business or 2 years or less

ELITE POWER, INC.

Date Approved

05/01/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

ELITE POWER, INC.

Borrower Address

6530 Asher Lane

Borrower City

Sacramento

Borrower State

CA

Borrower Zip

95828

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

921362.00

Current Approval Amount

921362.00

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

New Business or 2 years or less

Project City

Sacramento

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95828-0900

CD

CA-07

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

921362.00

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

931053.81

Forgiveness Date

05/21/2021

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