PPP Loan information for Elite repair service inc

$40,926

Elite repair service inc was initially approved for PPP Loan of amount $40,926, the current approved amount is $40,926. The loan was approved on 02/04/2021 by The River City Bank reported 6 jobs and $40,926 was used to fund payroll.

Elite repair service inc is Existing or more than 2 years old

ELITE REPAIR SERVICE INC

Date Approved

02/04/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

ELITE REPAIR SERVICE INC

Borrower Address

14 Commerce Ct SE

Borrower City

Rome

Borrower State

GA

Borrower Zip

30161-6847

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40925.68

Current Approval Amount

40925.68

Undisbursed Amount

0.00

Franchise Name

Furniture Medic

Servicing Lender Location Id

441150

Servicing Lender Name

River City Bank

Servicing Lender Address

228 N 2nd Ave

Servicing Lender City

ROME

Servicing Lender State

GA

Servicing Lender Zip

30165-2907

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rome

Project County Name

FLOYD

Project State

GA

Project Zip

30161-6847

CD

GA-14

Jobs Reported

6

NAICS Code

811420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40919.68

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

441150

Originating Lender

River City Bank

Originating Lender City

ROME

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40375.59

Forgiveness Date

01/03/2022

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