# PPP loan: ELITE SPORTSWEAR, L.P.
> **$5.25M** approved 04/10/2020 · Paid in Full · Loan `1663417103`
## Borrower
- **Name:** ELITE SPORTSWEAR, L.P.
- **Address:** 2136 N 13th St, READING, PA, 19604-1200
- **NAICS:** 315990
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.25M
- **Initial approval:** $5.25M
- **Forgiven:** $5.31M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.20M
- **Utilities:** $1.05M
- **Jobs reported:** 500
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*