PPP Loan information for Element116 llc

$211,120

Element116 llc was initially approved for PPP Loan of amount $211,120, the current approved amount is $211,120. The loan was approved on 01/25/2021 by The Citizens Bank, National Association reported 23 jobs and $211,120 was used to fund payroll.

Element116 llc is Existing or more than 2 years old

ELEMENT116 LLC

Date Approved

01/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ELEMENT116 LLC

Borrower Address

116 Crown St

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06510-3042

Loan Status Date

06/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211120.00

Current Approval Amount

211120.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06510-3042

CD

CT-03

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

211115.00

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

Limited Liability Company(LLC)

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

213942.65

Forgiveness Date

06/01/2022

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