Elite Lawns Inc.

$475,000 PPP Loan in Mcdonough, Georgia

Loan Details

Loan Number
5290487205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$475,000
Current Approval
$475,000
Forgiveness Amount
$480,648
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elite Lawns Inc.
Address
62 South Bethany Road
State
Georgia
ZIP Code
30252
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$22.1M
Rural/Urban
Urban
Congressional District
GA-10

Loan Use Breakdown

Payroll
$356,250
Rent
$47,500
Utilities
$23,750
Health Care
$47,500

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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