PPP Loan information for Elite auto service inc

$433,528

Elite auto service inc was initially approved for PPP Loan of amount $433,528, the current approved amount is $433,528. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 40 jobs and $433,528 was used to fund payroll.

Elite auto service inc is New Business or 2 years or less

PPP Loan Search / NJ / PENNSAUKEN / Elite auto service inc

ELITE AUTO SERVICE INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELITE AUTO SERVICE INC

Borrower Address

4200 STRAND AVE STE 101

Borrower City

PENNSAUKEN

Borrower State

NJ

Borrower Zip

08109-4423

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433528.00

Current Approval Amount

433528.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PENNSAUKEN

Project County Name

CAMDEN

Project State

NJ

Project Zip

08109-4423

CD

NJ-01

Jobs Reported

40

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433528.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437447.57

Forgiveness Date

03/31/2021

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