# PPP loan: ELITE DEVCO, LLC
> **$199K** approved 04/27/2020 · Paid in Full · Loan `5273517210`
## Borrower
- **Name:** ELITE DEVCO, LLC
- **Address:** 2190 MERIDIAN PARK BLVD SUITE G, CONCORD, CA, 94520-5789
- **NAICS:** 551114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $20K
- **Mortgage interest:** $20K
- **Jobs reported:** 17
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*