PPP Loan information for Elite construction & grading, inc.

$411,500

Elite construction & grading, inc. was initially approved for PPP Loan of amount $411,500, the current approved amount is $411,500. The loan was approved on 04/07/2020 by The First Bank reported 35 jobs and $411,500 was used to fund payroll.

Elite construction & grading, inc. is Existing or more than 2 years old

ELITE CONSTRUCTION & GRADING, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELITE CONSTRUCTION & GRADING, INC.

Borrower Address

2901 N. KErr Ave. Unit 101 Wilmington, NC 28405

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28405

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411500.00

Current Approval Amount

411500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-0001

CD

NC-07

Jobs Reported

35

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

51437.00

Payroll Proceed

308625.00

Mortgage Interest Proceed

0.00

Rent Proceed

51438.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414780.73

Forgiveness Date

01/26/2021

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