PPP Loan information for Elite restaurant group inc

$506,842

Elite restaurant group inc was initially approved for PPP Loan of amount $506,842, the current approved amount is $506,842. The loan was approved on 02/11/2021 by The PNC Bank, National Association reported 55 jobs and $506,842 was used to fund payroll.

Elite restaurant group inc is Existing or more than 2 years old

ELITE RESTAURANT GROUP INC

Date Approved

02/11/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ELITE RESTAURANT GROUP INC

Borrower Address

9687 Fairfax Blvd 9687 Fairfax Blvd

Borrower City

Fairfax

Borrower State

VA

Borrower Zip

22031-2321

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

506842.00

Current Approval Amount

506842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfax

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22031-2321

CD

VA-11

Jobs Reported

55

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

506836.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

511361.34

Forgiveness Date

01/03/2022

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