PPP Loan information for Elemech, inc.

$689,300

Elemech, inc. was initially approved for PPP Loan of amount $689,300, the current approved amount is $689,300. The loan was approved on 04/10/2020 by The Reliabank Dakota reported 38 jobs and $689,300 was used to fund payroll.

Elemech, inc. is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Elemech, inc.

ELEMECH, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELEMECH, INC.

Borrower Address

2275 White Oak Circle

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60502-9670

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

689300.00

Current Approval Amount

689300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60502-9670

CD

IL-11

Jobs Reported

38

NAICS Code

332996

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

689300.00

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

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693148.59

Forgiveness Date

11/03/2020

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