PPP Loan information for Elite motors llp

$22,423

Elite motors llp was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,423. The loan was approved on 04/04/2020 by The VISIONBank reported 2 jobs and $22,423 was used to fund payroll.

Elite motors llp is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Elite motors llp

ELITE MOTORS LLP

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ELITE MOTORS LLP

Borrower Address

501 40TH ST S

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1123

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1123

CD

ND-

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

17923.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2500

Business Type

Limited Liability Partnership

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22589.93

Forgiveness Date

01/07/2021

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