# PPP loan: ELSMORE SPORTS INC
> **$397K** approved 01/16/2021 · Paid in Full · Loan `1010598306`
## Borrower
- **Name:** ELSMORE SPORTS INC
- **Address:** 5885 149th St W # 103, Apple Valley, MN, 55124-5703
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $356K (90%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $397K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*