# PPP loan: ELITE P&C, LLC
> **$165K** approved 04/15/2020 · Paid in Full · Loan `8475947103`
## Borrower
- **Name:** ELITE P&C, LLC
- **Address:** 1016 W 8TH AVE Suite A, KING OF PRUSSIA, PA, 19406-1304
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $5K
- **Utilities:** $1K
- **Jobs reported:** 10
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*