PPP Loan information for Elite distributing company

$106,700

Elite distributing company was initially approved for PPP Loan of amount $106,700, the current approved amount is $106,700. The loan was approved on 02/05/2021 by The City National Bank reported 7 jobs and $106,700 was used to fund payroll.

Elite distributing company is Existing or more than 2 years old

ELITE DISTRIBUTING COMPANY

Date Approved

02/05/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

ELITE DISTRIBUTING COMPANY

Borrower Address

1833 W Main St

Borrower City

Mesa

Borrower State

AZ

Borrower Zip

85201-6922

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106700.00

Current Approval Amount

106700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesa

Project County Name

MARICOPA

Project State

AZ

Project Zip

85201-6922

CD

AZ-04

Jobs Reported

7

NAICS Code

423940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106698.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107667.61

Forgiveness Date

01/06/2022

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