PPP Loan information for Elite class automotive llc

$20,835

Elite class automotive llc was initially approved for PPP Loan of amount $20,835, the current approved amount is $20,835. The loan was approved on 05/22/2020 by The Bank of America, National Association reported 3 jobs and $20,835 was used to fund payroll.

Elite class automotive llc is New Business or 2 years or less

ELITE CLASS AUTOMOTIVE LLC

Date Approved

05/22/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELITE CLASS AUTOMOTIVE LLC

Borrower Address

104 S BEVERLY DR STE A

Borrower City

LOCUST

Borrower State

NC

Borrower Zip

28097-9612

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20835.00

Current Approval Amount

20835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LOCUST

Project County Name

STANLY

Project State

NC

Project Zip

28097-9612

CD

NC-08

Jobs Reported

3

NAICS Code

441120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20835.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20992.68

Forgiveness Date

02/25/2021

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