PPP Loan information for Elite administration & insurance group, inc.

$362,500

Elite administration & insurance group, inc. was initially approved for PPP Loan of amount $362,500, the current approved amount is $362,500. The loan was approved on 04/09/2020 by The Time Bank reported 29 jobs and $362,500 was used to fund payroll.

Elite administration & insurance group, inc. is Existing or more than 2 years old

PPP Loan Search / IL / OAK BROOK / Elite administration & insurance group, inc.

ELITE ADMINISTRATION & INSURANCE GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELITE ADMINISTRATION & INSURANCE GROUP, INC.

Borrower Address

1211 W 22ND ST STE 820

Borrower City

OAK BROOK

Borrower State

IL

Borrower Zip

60523-2064

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362500.00

Current Approval Amount

362500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BROOK

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-2064

CD

IL-04

Jobs Reported

29

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9200.00

Payroll Proceed

304700.00

Mortgage Interest Proceed

0.00

Rent Proceed

48600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366769.44

Forgiveness Date

06/16/2021

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