PPP Loan information for Elite aerospace group, inc.

$1,975,000

Elite aerospace group, inc. was initially approved for PPP Loan of amount $2,092,500, the current approved amount is $1,975,000. The loan was approved on 04/07/2020 by The City National Bank reported 118 jobs and $1,975,000 was used to fund payroll.

Elite aerospace group, inc. is Existing or more than 2 years old

PPP Loan Search / CA / IRVINE / Elite aerospace group, inc.

ELITE AEROSPACE GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ELITE AEROSPACE GROUP, INC.

Borrower Address

1641 REYNOLDS AVE

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92614-5709

Loan Status Date

12/23/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

2092500.00

Current Approval Amount

1975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92614-5709

CD

CA-47

Jobs Reported

118

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1597000.00

Mortgage Interest Proceed

0.00

Rent Proceed

174000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

204000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;