# PPP loan: ELITE ELECTRICAL CONTRACTORS, LLC
> **$1.88M** approved 04/14/2020 · Paid in Full · Loan `5765617103`
## Borrower
- **Name:** ELITE ELECTRICAL CONTRACTORS, LLC
- **Address:** 9365 Laredo Avenue #130, FORT MYERS, FL, 33905-4618
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $469K
- **Jobs reported:** 175
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*