# PPP loan: ELITE HOSPITALITY GROUP INC.
> **$189K** approved 04/15/2020 · Paid in Full · Loan `1458177202`
## Borrower
- **Name:** ELITE HOSPITALITY GROUP INC.
- **Address:** 990 Boardwalk, MYRTLE BEACH, SC, 29577
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 19
## Lender
- **Originating:** South Atlantic Bank
- **Servicing:** South Atlantic Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*