PPP Loan information for Res elite development inc.

$250,000

Res elite development inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 7 jobs and $250,000 was used to fund payroll.

Res elite development inc. is Existing or more than 2 years old

RES ELITE DEVELOPMENT INC.

Date Approved

05/03/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

RES ELITE DEVELOPMENT INC.

Borrower Address

2719 HOLLYWOOD BLVD

Borrower City

HOLLYWOOD

Borrower State

FL

Borrower Zip

33020-4821

Loan Status Date

03/15/2023

Loan Status

Charged Off

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLYWOOD

Project County Name

BROWARD

Project State

FL

Project Zip

33020-4821

CD

FL-25

Jobs Reported

7

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12814.73

Forgiveness Date

11/10/2022

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