Elite Promotional Marketing INC

$1,200,000 PPP Loan in New Hyde Park, New York

Loan Details

Loan Number
7270718309
Date Approved
Jan 28, 2021
Loan Status
Charged Off
Initial Approval
$1,200,000
Current Approval
$1,200,000
Forgiveness Amount
$364,423
Forgiveness Date
Jul 14, 2022
Term
31 months
Draw
Second Draw

Business Information

Business Name
Elite Promotional Marketing INC
Address
1111 Marcus Ave Ste M60
ZIP Code
11042-1034
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541810)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$1,199,997
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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