PPP Loan information for Elite motors inc

$33,900

Elite motors inc was initially approved for PPP Loan of amount $33,900, the current approved amount is $33,900. The loan was approved on 04/03/2020 by The Empeople Credit Union reported 3 jobs and $33,900 was used to fund payroll.

Elite motors inc is Existing or more than 2 years old

ELITE MOTORS INC

Date Approved

04/03/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ELITE MOTORS INC

Borrower Address

136 PLEASANT HILL RD

Borrower City

SCARBOROUGH

Borrower State

ME

Borrower Zip

04074-8770

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33900.00

Current Approval Amount

33900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95589

Servicing Lender Name

Empeople Credit Union

Servicing Lender Address

3950 38th Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6471

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCARBOROUGH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04074-8770

CD

ME-01

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4237.00

Payroll Proceed

25425.00

Mortgage Interest Proceed

4238.00

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

95589

Originating Lender

Empeople Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34215.78

Forgiveness Date

03/11/2021

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