PPP Loan information for Elite railcar repair, llc

$85,445

Elite railcar repair, llc was initially approved for PPP Loan of amount $85,445, the current approved amount is $85,445. The loan was approved on 04/29/2020 by The Sutton Bank reported 14 jobs and $85,445 was used to fund payroll.

Elite railcar repair, llc is Existing or more than 2 years old

ELITE RAILCAR REPAIR, LLC

Date Approved

04/29/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ELITE RAILCAR REPAIR, LLC

Borrower Address

104 S MYRTLE AVE

Borrower City

WILLARD

Borrower State

OH

Borrower Zip

44890-1425

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85445.00

Current Approval Amount

85445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLARD

Project County Name

HURON

Project State

OH

Project Zip

44890-1425

CD

OH-05

Jobs Reported

14

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1845.00

Payroll Proceed

83000.00

Mortgage Interest Proceed

0.00

Rent Proceed

600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86151.97

Forgiveness Date

03/03/2021

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