PPP Loan information for Elite choice llc

$4,843,500

Elite choice llc was initially approved for PPP Loan of amount $5,601,700, the current approved amount is $4,843,500. The loan was approved on 04/09/2020 by The BankUnited, National Association reported 500 jobs and $4,843,500 was used to fund payroll.

Elite choice llc is New Business or 2 years or less

PPP Loan Search / NY / BROOKLYN / Elite choice llc

ELITE CHOICE LLC

Date Approved

04/09/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ELITE CHOICE LLC

Borrower Address

1967 McDonald Ave.

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11223-1805

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5601700.00

Current Approval Amount

4843500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11223-1805

CD

NY-09

Jobs Reported

500

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4843500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4906465.50

Forgiveness Date

08/03/2021

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