# PPP loan: ELITE LEGACY EDUCATION, INC.
> **$1.90M** approved 04/14/2020 · Charged Off · Loan `7416177103`
## Borrower
- **Name:** ELITE LEGACY EDUCATION, INC.
- **Address:** 1612 CAPE CORAL PKWY E, CAPE CORAL, FL, 33904-9618
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $2.03M
- **Forgiven:** $910K (48%)
- **Forgiveness date:** 07/08/2021
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $1.90M
- **Jobs reported:** 182
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*