PPP Loan information for Five elements inc

$289,000

Five elements inc was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 01/23/2021 by The Citizens Bank, National Association reported 55 jobs and $289,000 was used to fund payroll.

Five elements inc is Existing or more than 2 years old

PPP Loan Search / MA / Arlington / Five elements inc

FIVE ELEMENTS INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FIVE ELEMENTS INC

Borrower Address

685 Massachusetts Ave

Borrower City

Arlington

Borrower State

MA

Borrower Zip

02476-4904

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02476-4904

CD

MA-05

Jobs Reported

55

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

288997.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291494.11

Forgiveness Date

12/07/2021

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