# PPP loan: ELITE BUSINESS VENTURES, INC
> **$308K** approved 04/08/2020 · Paid in Full · Loan `8078787001`
## Borrower
- **Name:** ELITE BUSINESS VENTURES, INC
- **Address:** 13700 STOWE DR, POWAY, CA, 92064-6888
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $28K
- **Utilities:** $7K
- **Health care:** $26K
- **Jobs reported:** 18
## 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*