PPP Loan information for Elite team, lp

$1,574,600

Elite team, lp was initially approved for PPP Loan of amount $1,574,600, the current approved amount is $1,574,600. The loan was approved on 04/09/2020 by The First Horizon Bank reported 295 jobs and $1,574,600 was used to fund payroll.

Elite team, lp is Existing or more than 2 years old

ELITE TEAM, LP

Date Approved

04/09/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ELITE TEAM, LP

Borrower Address

4519 GARFIELD ST Suite 17

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-3421

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1574600.00

Current Approval Amount

1574600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-3421

CD

TX-11

Jobs Reported

295

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

1449600.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1592401.73

Forgiveness Date

06/10/2021

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