# PPP loan: ELITE PROTECTIVE SERVICES INC.
> **$2.00M** approved 02/25/2021 · Paid in Full · Loan `4392658505`
## Borrower
- **Name:** ELITE PROTECTIVE SERVICES INC.
- **Address:** 11331 Amherst Ave, Silver Spring, MD, 20902-4656
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 12/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 195
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*