PPP Loan information for Elite motors inc

$82,600

Elite motors inc was initially approved for PPP Loan of amount $82,600, the current approved amount is $82,600. The loan was approved on 04/10/2020 by The Legends Bank reported 10 jobs and $82,600 was used to fund payroll.

Elite motors inc is Existing or more than 2 years old

PPP Loan Search / TN / CLARKSVILLE / Elite motors inc

ELITE MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELITE MOTORS INC

Borrower Address

701 PROVIDENCE BLVD

Borrower City

CLARKSVILLE

Borrower State

TN

Borrower Zip

37042-4499

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82600.00

Current Approval Amount

82600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123233

Servicing Lender Name

Legends Bank

Servicing Lender Address

310 N First St

Servicing Lender City

Clarksville

Servicing Lender State

TN

Servicing Lender Zip

37040

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

MONTGOMERY

Project State

TN

Project Zip

37042-4499

CD

TN-07

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82600.00

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

Corporation

Originating Lender Location Id

123233

Originating Lender

Legends Bank

Originating Lender City

Clarksville

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83292.48

Forgiveness Date

02/17/2021

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