# PPP loan: ELITE ASSOCIATES HOLDING, INC.
> **$1.85M** approved 04/05/2020 · Paid in Full · Loan `5529797000`
## Borrower
- **Name:** ELITE ASSOCIATES HOLDING, INC.
- **Address:** 875 CHALLENGER ST, BREA, CA, 92821-2947
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 139
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*