# PPP loan: ELITE AUTO LOGISTICS
> **$159K** approved 05/05/2020 · Paid in Full · Loan `2131937404`
## Borrower
- **Name:** ELITE AUTO LOGISTICS
- **Address:** 1302 Waugh Drive, Houston, TX, 77019
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 4
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*