PPP Loan information for Elite resources incorporated

$1,300,000

Elite resources incorporated was initially approved for PPP Loan of amount $1,300,000, the current approved amount is $1,300,000. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 188 jobs and $1,300,000 was used to fund payroll.

Elite resources incorporated is New Business or 2 years or less

ELITE RESOURCES INCORPORATED

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELITE RESOURCES INCORPORATED

Borrower Address

11200 NATIONS FORD RD

Borrower City

PINEVILLE

Borrower State

NC

Borrower Zip

28134-9476

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300000.00

Current Approval Amount

1300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PINEVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28134-9476

CD

NC-14

Jobs Reported

188

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300000.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1312964.38

Forgiveness Date

05/06/2021

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