# PPP loan: ELITE HOME HEALTH CARE, INC
> **$362K** approved 04/10/2020 · Charged Off · Loan `2087397105`
## Borrower
- **Name:** ELITE HOME HEALTH CARE, INC
- **Address:** 1910 ABBOTT ST STE 202, CHARLOTTE, NC, 28203-4493
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $252K (70%)
- **Forgiveness date:** 06/13/2022
- **Status:** Charged Off
- **Term:** 19 months
## Use of funds
- **Payroll:** $362K
- **Jobs reported:** 105
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*