# PPP loan: ELITE TECHNOLOGIES & COMMUNICATIONS INC
> **$307K** approved 04/13/2020 · Paid in Full · Loan `4525217108`
## Borrower
- **Name:** ELITE TECHNOLOGIES & COMMUNICATIONS INC
- **Address:** 106 Industrial Park Road, BROOKVILLE, PA, 15825-7202
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $49K
- **Utilities:** $12K
- **Jobs reported:** 23
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*