PPP Loan information for Element industries inc

$92,298

Element industries inc was initially approved for PPP Loan of amount $92,298, the current approved amount is $92,298. The loan was approved on 02/12/2021 by The Bank Rhode Island reported 7 jobs and $92,298 was used to fund payroll.

Element industries inc is Existing or more than 2 years old

PPP Loan Search / RI / Bristol / Element industries inc

ELEMENT INDUSTRIES INC

Date Approved

02/12/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ELEMENT INDUSTRIES INC

Borrower Address

48 Ballou Blvd

Borrower City

Bristol

Borrower State

RI

Borrower Zip

02809-2728

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92297.50

Current Approval Amount

92297.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-2728

CD

RI-01

Jobs Reported

7

NAICS Code

335991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92292.50

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92774.37

Forgiveness Date

08/24/2021

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