# PPP loan: ELITE CELLULAR ACCESORIES INC
> **$261K** approved 04/14/2020 · Paid in Full · Loan `5843257109`
## Borrower
- **Name:** ELITE CELLULAR ACCESORIES INC
- **Address:** 31 E Industry Ct, DEER PARK, NY, 11729-4703
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $24K
- **Debt interest:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*