PPP Loan information for Elite home distribution inc

$417,386

Elite home distribution inc was initially approved for PPP Loan of amount $417,000, the current approved amount is $417,386. The loan was approved on 02/26/2021 by The Quaint Oak Bank reported 32 jobs and $417,386 was used to fund payroll.

Elite home distribution inc is Existing or more than 2 years old

ELITE HOME DISTRIBUTION INC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ELITE HOME DISTRIBUTION INC

Borrower Address

95 Mayhill St

Borrower City

Saddle Brook

Borrower State

NJ

Borrower Zip

07663-5315

Loan Status Date

12/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417000.00

Current Approval Amount

417385.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89607

Servicing Lender Name

Quaint Oak Bank

Servicing Lender Address

501 Knowles Ave

Servicing Lender City

SOUTHAMPTON

Servicing Lender State

PA

Servicing Lender Zip

18966-3874

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saddle Brook

Project County Name

BERGEN

Project State

NJ

Project Zip

07663-5315

CD

NJ-09

Jobs Reported

32

NAICS Code

551114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

417385.55

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

Subchapter S Corporation

Originating Lender Location Id

89607

Originating Lender

Quaint Oak Bank

Originating Lender City

SOUTHAMPTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

420562.32

Forgiveness Date

12/15/2021

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