# PPP loan: ELITE CARGO SYSTEMS, INC
> **$810K** approved 04/14/2020 · Paid in Full · Loan `5887767100`
## Borrower
- **Name:** ELITE CARGO SYSTEMS, INC
- **Address:** 845 Commerce Drive, South Elgin, IL, 60177
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $810K
- **Initial approval:** $810K
- **Forgiven:** $820K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $810K
- **Jobs reported:** 47
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*