PPP Loan information for Elite electric inc

$124,326

Elite electric inc was initially approved for PPP Loan of amount $124,326, the current approved amount is $124,326. The loan was approved on 04/10/2020 by The TBK Bank, SSB reported 9 jobs and $124,326 was used to fund payroll.

Elite electric inc is Existing or more than 2 years old

PPP Loan Search / IA / DAVENPORT / Elite electric inc

ELITE ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ELITE ELECTRIC INC

Borrower Address

6110 N BRADY ST

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806-2145

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124326.22

Current Approval Amount

124326.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-2145

CD

IA-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11826.22

Payroll Proceed

105000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125541.85

Forgiveness Date

04/08/2021

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