PPP Loan information for Elite robotics

$179,451

Elite robotics was initially approved for PPP Loan of amount $233,752, the current approved amount is $179,451. The loan was approved on 04/08/2020 by The ChoiceOne Bank reported 19 jobs and $179,451 was used to fund payroll.

Elite robotics is Existing or more than 2 years old

ELITE ROBOTICS

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELITE ROBOTICS

Borrower Address

50397 HAYES RD

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48315-3231

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233752.00

Current Approval Amount

179451.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3231

CD

MI-10

Jobs Reported

19

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179451.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180822.69

Forgiveness Date

01/25/2021

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