Date Approved
02/13/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
ELITE FOUNDATION INC
Borrower Address
167 Smokey Park Hwy
Borrower City
Asheville
Borrower State
NC
Borrower Zip
28806-1138
Loan Status Date
02/17/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
63124.00
Current Approval Amount
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
Servicing Lender Zip
28801-3022
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BUNCOMBE
Project State
Project Zip
CD
NC-11
Jobs Reported
5
NAICS Code
424930
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
63121.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
63554.63
Forgiveness Date
10/26/2021