PPP Loan information for Elite foundation inc

$49,877

Elite foundation inc was initially approved for PPP Loan of amount $49,877, the current approved amount is $49,877. The loan was approved on 04/28/2020 by The HomeTrust Bank reported 6 jobs and $49,877 was used to fund payroll.

Elite foundation inc is New Business or 2 years or less

PPP Loan Search / NC / ASHEVILLE / Elite foundation inc

ELITE FOUNDATION INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELITE FOUNDATION INC

Borrower Address

853 MERRIMON AVE

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28804-2404

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49877.00

Current Approval Amount

49877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28804-2404

CD

NC-11

Jobs Reported

6

NAICS Code

813410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49877.00

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

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50325.21

Forgiveness Date

03/23/2021

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