PPP Loan information for Elite underground inc

$124,000

Elite underground inc was initially approved for PPP Loan of amount $124,000, the current approved amount is $124,000. The loan was approved on 04/08/2020 by The First Western Bank & Trust reported 1 jobs and $124,000 was used to fund payroll.

Elite underground inc is Existing or more than 2 years old

ELITE UNDERGROUND INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELITE UNDERGROUND INC

Borrower Address

9351 OAK BLF

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-6193

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124000.00

Current Approval Amount

124000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-6193

CD

MN-08

Jobs Reported

1

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124000.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

124912.78

Forgiveness Date

01/07/2021

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