Elmech LLC

$124,300 PPP Loan in Lexington, Virginia

Loan Details

Loan Number
6816017106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$124,300
Current Approval
$124,300
Forgiveness Amount
$113,031
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elmech LLC
Address
1100 N. Lee Hwy
ZIP Code
24450-3300
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Wingate by Wyndham
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.6M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$98,000
Utilities
$9,300
Mortgage Interest
$17,000

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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