# PPP loan: ELITE PRO AUTOMOTIVE INC.
> **$167K** approved 05/18/2021 · Charged Off · Loan `2797779000`
## Borrower
- **Name:** ELITE PRO AUTOMOTIVE INC.
- **Address:** 3113 W Lake St, Melrose Park, IL, 60160-2919
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** First Secure Bank and Trust Co.
- **Servicing:** First Secure Bank and Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*