PPP Loan information for Elmech llc

$124,300

Elmech llc was initially approved for PPP Loan of amount $124,300, the current approved amount is $124,300. The loan was approved on 04/14/2020 by The Cornerstone Bank reported 34 jobs and $124,300 was used to fund payroll.

Elmech llc is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Elmech llc

ELMECH LLC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELMECH LLC

Borrower Address

1100 N. LEE HWY

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-3300

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124300.00

Current Approval Amount

124300.00

Undisbursed Amount

0.00

Franchise Name

Wingate by Wyndham

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-3300

CD

VA-06

Jobs Reported

34

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9300.00

Payroll Proceed

98000.00

Mortgage Interest Proceed

17000.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113030.88

Forgiveness Date

12/09/2020

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