# PPP loan: ELITE CONSTRUCTION OF OCALA, INC.
> **$2.34M** approved 04/10/2020 · Paid in Full · Loan `1859607103`
## Borrower
- **Name:** ELITE CONSTRUCTION OF OCALA, INC.
- **Address:** 2240 N PINE AVE, OCALA, FL, 34475-9255
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.34M
- **Initial approval:** $2.34M
- **Forgiven:** $2.36M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.34M
- **Jobs reported:** 171
## Lender
- **Originating:** Midflorida CU
- **Servicing:** Midflorida CU (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*