PPP Loan information for Elite hospitality management, llc

$60,000

Elite hospitality management, llc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/04/2020 by The Community State Bank reported 18 jobs and $60,000 was used to fund payroll.

Elite hospitality management, llc is New Business or 2 years or less

ELITE HOSPITALITY MANAGEMENT, LLC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELITE HOSPITALITY MANAGEMENT, LLC

Borrower Address

1603 Country Club Lane

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-2650

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-2650

CD

IA-04

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

48000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60446.67

Forgiveness Date

01/07/2021

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