PPP Loan information for Elite transit llc

$69,550

Elite transit llc was initially approved for PPP Loan of amount $1,044,700, the current approved amount is $69,550. The loan was approved on 04/30/2020 by The Atlantic Union Bank reported 54 jobs and $69,550 was used to fund payroll.

Elite transit llc is New Business or 2 years or less

PPP Loan Search / VA / Stafford / Elite transit llc

ELITE TRANSIT LLC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELITE TRANSIT LLC

Borrower Address

13 Eskimo Hill Rd

Borrower City

Stafford

Borrower State

VA

Borrower Zip

22554

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1044700.00

Current Approval Amount

69550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Stafford

Project County Name

STAFFORD

Project State

VA

Project Zip

22554-1500

CD

VA-07

Jobs Reported

54

NAICS Code

485111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69550.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70172.09

Forgiveness Date

03/30/2021

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