PPP Loan information for Elite transmission, inc.

$57,940

Elite transmission, inc. was initially approved for PPP Loan of amount $57,940, the current approved amount is $57,940. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 60 jobs and $57,940 was used to fund payroll.

Elite transmission, inc. is Existing or more than 2 years old

ELITE TRANSMISSION, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELITE TRANSMISSION, INC.

Borrower Address

4617 W 120TH ST

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57940.00

Current Approval Amount

57940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-1001

CD

IL-01

Jobs Reported

60

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57940.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58335.89

Forgiveness Date

01/08/2021

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