PPP Loan information for Elite communications, inc.

$88,066

Elite communications, inc. was initially approved for PPP Loan of amount $88,066, the current approved amount is $88,066. The loan was approved on 04/09/2020 by The First & Farmers National Bank, Inc. reported 16 jobs and $88,066 was used to fund payroll.

Elite communications, inc. is Existing or more than 2 years old

ELITE COMMUNICATIONS, INC.

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ELITE COMMUNICATIONS, INC.

Borrower Address

901 N Cross St

Borrower City

ALBANY

Borrower State

KY

Borrower Zip

42602-1617

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88066.35

Current Approval Amount

88066.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26900

Servicing Lender Name

First & Farmers National Bank, Inc.

Servicing Lender Address

2020 S Hwy 27

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2926

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

CLINTON

Project State

KY

Project Zip

42602-1617

CD

KY-01

Jobs Reported

16

NAICS Code

517312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88066.35

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

26900

Originating Lender

First & Farmers National Bank, Inc.

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

88726.85

Forgiveness Date

01/14/2021

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