# PPP loan: ELITE SYNDICATION INC
> **$256K** approved 05/12/2021 · Paid in Full · Loan `8884788906`
## Borrower
- **Name:** ELITE SYNDICATION INC
- **Address:** 10484 Ranch Road 965, Fredericksburg, TX, 78624-7945
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $216K (85%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Capital Plus Financial, LLC
- **Servicing:** Capital Plus Financial, LLC (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*