# PPP loan: ELITE MANAGEMENT SYSTEMS INC.
> **$270K** approved 02/08/2021 · Paid in Full · Loan `5354358404`
## Borrower
- **Name:** ELITE MANAGEMENT SYSTEMS INC.
- **Address:** 9802 Stockdale Hwy Ste 102, Bakersfield, CA, 93311-3653
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Legence Bank
- **Servicing:** Legence Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*