PPP Loan information for Elite welding & fabrication, llc

$12,500

Elite welding & fabrication, llc was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 07/23/2020 by The Mercantile Bank reported 2 jobs and $12,500 was used to fund payroll.

Elite welding & fabrication, llc is Existing or more than 2 years old

ELITE WELDING & FABRICATION, LLC

Date Approved

07/23/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELITE WELDING & FABRICATION, LLC

Borrower Address

16674 East ON AVE

Borrower City

CLIMAX

Borrower State

MI

Borrower Zip

49034-8705

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIMAX

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49034-8705

CD

MI-06

Jobs Reported

2

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12553.08

Forgiveness Date

12/30/2020

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