# PPP loan: ELITE MICROWAVE SOLUTIONS CORPORATION
> **$276K** approved 04/16/2020 · Paid in Full · Loan `2771867209`
## Borrower
- **Name:** ELITE MICROWAVE SOLUTIONS CORPORATION
- **Address:** 101 N COLORADO ST UNIT 2975, CHANDLER, AZ, 85244
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Rent:** $12K
- **Utilities:** $850
- **Health care:** $2K
- **Debt interest:** $5K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*