# PPP loan: ELRA INC.
> **$1.64M** approved 02/01/2021 · Paid in Full · Loan `1215918408`
## Borrower
- **Name:** ELRA INC.
- **Address:** 200 GULF DR, BRADENTON BEACH, FL, 34217
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.64M
- **Utilities:** $1
- **Jobs reported:** 121
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*