PPP Loan information for Elite electric group, llc

$350,912

Elite electric group, llc was initially approved for PPP Loan of amount $350,912, the current approved amount is $350,912. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 34 jobs and $350,912 was used to fund payroll.

Elite electric group, llc is Existing or more than 2 years old

ELITE ELECTRIC GROUP, LLC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ELITE ELECTRIC GROUP, LLC

Borrower Address

4226 NE 161ST AVE STE B

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97230

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350912.00

Current Approval Amount

350912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97230-0400

CD

OR-03

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

327712.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352975.36

Forgiveness Date

12/04/2020

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