# PPP loan: ELITE TRANSPORTATION SYSTEMS, INC.
> **$354K** approved 04/09/2020 · Paid in Full · Loan `8979437009`
## Borrower
- **Name:** ELITE TRANSPORTATION SYSTEMS, INC.
- **Address:** 9113 DAVENPORT ST NE, Blaine, MN, 55449-4312
- **NAICS:** 492110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Jobs reported:** 22
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Northeast Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*