PPP Loan information for Elite auto service inc

$400,000

Elite auto service inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/21/2021 by The Bank of America, National Association reported 37 jobs and $400,000 was used to fund payroll.

Elite auto service inc is Existing or more than 2 years old

ELITE AUTO SERVICE INC

Date Approved

04/21/2021

SBA Office Code

0299

Processing Method

PPS

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

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08109-4423

CD

NJ-01

Jobs Reported

37

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

399996.00

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

401205.48

Forgiveness Date

08/11/2021

;