PPP Loan information for The element masters, inc.

$118,000

The element masters, inc. was initially approved for PPP Loan of amount $118,000, the current approved amount is $118,000. The loan was approved on 04/10/2020 by The First State Bank of Middlebury reported 11 jobs and $118,000 was used to fund payroll.

The element masters, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MIDDLEBURY / The element masters, inc.

THE ELEMENT MASTERS, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE ELEMENT MASTERS, INC.

Borrower Address

203 Wayne St

Borrower City

MIDDLEBURY

Borrower State

IN

Borrower Zip

46540-1340

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118000.00

Current Approval Amount

118000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLEBURY

Project County Name

ELKHART

Project State

IN

Project Zip

46540-1340

CD

IN-02

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29500.00

Payroll Proceed

88500.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118777.70

Forgiveness Date

01/25/2021

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