PPP Loan information for Elite lawns inc.

$475,000

Elite lawns inc. was initially approved for PPP Loan of amount $475,000, the current approved amount is $475,000. The loan was approved on 04/27/2020 by The American Express National Bank reported 65 jobs and $475,000 was used to fund payroll.

Elite lawns inc. is Existing or more than 2 years old

PPP Loan Search / GA / McDonough / Elite lawns inc.

ELITE LAWNS INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ELITE LAWNS INC.

Borrower Address

62 South Bethany Road

Borrower City

McDonough

Borrower State

GA

Borrower Zip

30252

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475000.00

Current Approval Amount

475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McDonough

Project County Name

HENRY

Project State

GA

Project Zip

30252-1000

CD

GA-10

Jobs Reported

65

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23750.00

Payroll Proceed

356250.00

Mortgage Interest Proceed

0.00

Rent Proceed

47500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

480647.95

Forgiveness Date

07/28/2021

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