PPP Loan information for Elmo motion control, inc.

$265,430

Elmo motion control, inc. was initially approved for PPP Loan of amount $265,430, the current approved amount is $265,430. The loan was approved on 04/27/2020 by The Valley National Bank reported 12 jobs and $265,430 was used to fund payroll.

Elmo motion control, inc. is Existing or more than 2 years old

PPP Loan Search / NH / NASHUA / Elmo motion control, inc.

ELMO MOTION CONTROL, INC.

Date Approved

04/27/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ELMO MOTION CONTROL, INC.

Borrower Address

42 Technology Way

Borrower City

NASHUA

Borrower State

NH

Borrower Zip

03060-3245

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265430.00

Current Approval Amount

265430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHUA

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-3245

CD

NH-02

Jobs Reported

12

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

265430.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266897.24

Forgiveness Date

11/23/2020

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