# PPP loan: THE ELITE GROUP, LLC
> **$328K** approved 04/10/2020 · Paid in Full · Loan `1532987110`
## Borrower
- **Name:** THE ELITE GROUP, LLC
- **Address:** 5 GREAT VALLEY PKWY Suite 355, MALVERN, PA, 19355-1416
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $26K
- **Health care:** $27K
- **Jobs reported:** 22
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*