PPP Loan information for Elite business services, inc

$162,500

Elite business services, inc was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/05/2020 by The Digital FCU reported 24 jobs and $162,500 was used to fund payroll.

Elite business services, inc is Existing or more than 2 years old

PPP Loan Search / MA / MEDFORD / Elite business services, inc

ELITE BUSINESS SERVICES, INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELITE BUSINESS SERVICES, INC

Borrower Address

106 Hicks Avenue

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-6319

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-6319

CD

MA-05

Jobs Reported

24

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

868.00

Payroll Proceed

137669.00

Mortgage Interest Proceed

0.00

Rent Proceed

5255.00

Refinance EIDL Proceed

0.00

Health Care Proceed

708.00

Debt Interest Proceed

18000

Business Type

Subchapter S Corporation

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163867.71

Forgiveness Date

02/18/2021

;