# PPP loan: ELITE ACADEMIC ACADEMY-MOUNTAIN EMPIRE
> **$345K** approved 06/30/2020 · Paid in Full · Loan `6405228003`
## Borrower
- **Name:** ELITE ACADEMIC ACADEMY-MOUNTAIN EMPIRE
- **Address:** 43414 BUSINESS PARK DR, TEMECULA, CA, 92590-5526
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Jobs reported:** 21
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*