PPP Loan information for Elite contractors inc

$89,907

Elite contractors inc was initially approved for PPP Loan of amount $89,907, the current approved amount is $89,907. The loan was approved on 02/20/2021 by The Bank of America, National Association reported 7 jobs and $89,907 was used to fund payroll.

Elite contractors inc is Existing or more than 2 years old

PPP Loan Search / MI / W Bloomfield / Elite contractors inc

ELITE CONTRACTORS INC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELITE CONTRACTORS INC

Borrower Address

5745 W Maple Rd Ste 210 5745 W Maple Rd

Borrower City

W Bloomfield

Borrower State

MI

Borrower Zip

48322-4489

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89907.00

Current Approval Amount

89907.00

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

W Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-4489

CD

MI-11

Jobs Reported

7

NAICS Code

236118

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89907.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90742.03

Forgiveness Date

01/28/2022

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