PPP Loan information for Elite legacy education inc.

$1,899,833

Elite legacy education inc. was initially approved for PPP Loan of amount $1,899,833, the current approved amount is $1,899,833. The loan was approved on 04/08/2021 by The Cross River Bank reported 182 jobs and $1,899,833 was used to fund payroll.

Elite legacy education inc. is Existing or more than 2 years old

ELITE LEGACY EDUCATION INC.

Date Approved

04/08/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ELITE LEGACY EDUCATION INC.

Borrower Address

1490 NE Pine Island Rd Ste 5D

Borrower City

Cape Coral

Borrower State

FL

Borrower Zip

33909-2127

Loan Status Date

04/15/2023

Loan Status

Charged Off

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

1899833.00

Current Approval Amount

1899833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cape Coral

Project County Name

LEE

Project State

FL

Project Zip

33909-2127

CD

FL-19

Jobs Reported

182

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1899828.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1148493.67

Forgiveness Date

08/11/2022

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