ELMO MOTION CONTROL, INC. (NH) - 2020 PPP Loan Borrower Profile (# 5525477208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ELMO MOTION CONTROL, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Hampshire.

Loan Detail

Loan Number

5525477208

SBA Office Code

0189

Processing Method

PPP

Curent Loan Amount

$265,430

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$266,897.24

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

265,430

Lender

Valley National Bank

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

NASHUA, NH

Project Location

NASHUA, NH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.