Elite Power Solutions INC

$339,500 PPP Loan in West Palm Bch, Florida

Loan Details

Loan Number
3146157708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$339,500
Current Approval
$339,500
Forgiveness Amount
$341,931
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elite Power Solutions INC
Address
417 25th St
State
Florida
ZIP Code
33407
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
FL-20

Loan Use Breakdown

Payroll
$276,900
Rent
$3,410
Utilities
$650
Health Care
$57,440
Debt Interest
$1,100

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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