# PPP loan: ELITE MARINE LLC
> **$196K** approved 02/25/2021 · Paid in Full · Loan `4013168501`
## Borrower
- **Name:** ELITE MARINE LLC
- **Address:** 377 King Mill Rd N/A, Four Oaks, NC, 27524-8335
- **NAICS:** 336612
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $217K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 08/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*