PPP Loan information for Elite hospitality group inc.

$235,400

Elite hospitality group inc. was initially approved for PPP Loan of amount $235,400, the current approved amount is $235,400. The loan was approved on 04/28/2021 by The South Atlantic Bank reported 19 jobs and $235,400 was used to fund payroll.

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

ELITE HOSPITALITY GROUP INC.

Date Approved

04/28/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ELITE HOSPITALITY GROUP INC.

Borrower Address

918 N Ocean Blvd 990 Boardwalk

Borrower City

Myrtle Beach

Borrower State

SC

Borrower Zip

29577-3789

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

235400.00

Current Approval Amount

235400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Myrtle Beach

Project County Name

HORRY

Project State

SC

Project Zip

29577-3789

CD

SC-07

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

235396.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

237780.16

Forgiveness Date

05/04/2022

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