# PPP loan: ELITE MEDICAL, LLC
> **$1.30M** approved 04/09/2020 · Paid in Full · Loan `9647407009`
## Borrower
- **Name:** ELITE MEDICAL, LLC
- **Address:** 7420 GOODLETT FARMS PKWY, CORDOVA, TN, 38016-4937
- **NAICS:** 339112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $973K
- **Mortgage interest:** $195K
- **Utilities:** $130K
- **Jobs reported:** 101
## Lender
- **Originating:** First Metro Bank
- **Servicing:** First Metro Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*