PPP Loan information for Elite distributing company

$193,800

Elite distributing company was initially approved for PPP Loan of amount $193,800, the current approved amount is $193,800. The loan was approved on 04/07/2020 by The City National Bank reported 13 jobs and $193,800 was used to fund payroll.

Elite distributing company is Existing or more than 2 years old

PPP Loan Search / CA / TORRANCE / Elite distributing company

ELITE DISTRIBUTING COMPANY

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ELITE DISTRIBUTING COMPANY

Borrower Address

3401 FUJITA ST

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505-4018

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193800.00

Current Approval Amount

193800.00

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

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-4018

CD

CA-36

Jobs Reported

13

NAICS Code

423940

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1144.00

Payroll Proceed

180954.00

Mortgage Interest Proceed

0.00

Rent Proceed

11702.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

196173.39

Forgiveness Date

07/15/2021

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