PPP Loan information for Elite restoration, inc.

$1,147,300

Elite restoration, inc. was initially approved for PPP Loan of amount $1,147,300, the current approved amount is $1,147,300. The loan was approved on 04/13/2020 by The Meridian Bank reported 27 jobs and $1,147,300 was used to fund payroll.

Elite restoration, inc. is Existing or more than 2 years old

ELITE RESTORATION, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ELITE RESTORATION, INC.

Borrower Address

24 Hagerty Blvd

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19382-7594

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1147300.00

Current Approval Amount

1147300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19382-7594

CD

PA-06

Jobs Reported

27

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3598.00

Payroll Proceed

1132250.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2452

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1159810.28

Forgiveness Date

05/21/2021

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