# PPP loan: ELITE PROPERTIES MIAMI LLC
> **$767K** approved 04/05/2020 · Paid in Full · Loan `5547037010`
## Borrower
- **Name:** ELITE PROPERTIES MIAMI LLC
- **Address:** 2600 Douglas Road, Suite 800, CORAL GABLES, FL, 33134-6149
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $772K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Utilities:** $192K
- **Jobs reported:** 47
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*