PPP Loan information for Elemech inc

$671,582

Elemech inc was initially approved for PPP Loan of amount $671,582, the current approved amount is $671,582. The loan was approved on 04/08/2021 by The Reliabank Dakota reported 40 jobs and $671,582 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

04/08/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ELEMECH INC

Borrower Address

2275 White Oak Cir

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60502-9670

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

671581.78

Current Approval Amount

671581.78

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

40

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

671577.78

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

674342.73

Forgiveness Date

09/08/2021

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