# PPP loan: ELITE EDGE LLC
> **$174K** approved 04/05/2020 · Paid in Full · Loan `5150167005`
## Borrower
- **Name:** ELITE EDGE LLC
- **Address:** 2600 Westown Prky STE 230, WEST DES MOINES, IA, 50266
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $43K
- **Health care:** $9K
- **Jobs reported:** 18
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*