# PPP loan: ELITE ADMINISTRATION & INSURANCE GROUP, INC.
> **$363K** approved 04/09/2020 · Paid in Full · Loan `9409127002`
## Borrower
- **Name:** ELITE ADMINISTRATION & INSURANCE GROUP, INC.
- **Address:** 1211 W 22ND ST STE 820, OAK BROOK, IL, 60523-2064
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $49K
- **Utilities:** $9K
- **Jobs reported:** 29
## Lender
- **Originating:** Time Bank
- **Servicing:** Time Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*