PPP Loan information for Elite floors inc

$1,434,652

Elite floors inc was initially approved for PPP Loan of amount $1,434,652, the current approved amount is $1,434,652. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 143 jobs and $1,434,652 was used to fund payroll.

Elite floors inc is New Business or 2 years or less

ELITE FLOORS INC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ELITE FLOORS INC

Borrower Address

691 Saw Mill River Rd

Borrower City

Yonkers

Borrower State

NY

Borrower Zip

10710

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1434652.00

Current Approval Amount

1434652.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Yonkers

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10710-0001

CD

NY-16

Jobs Reported

143

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1434652.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1447622.83

Forgiveness Date

03/31/2021

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