# PPP loan: ELS, LLC
> **$1.59M** approved 04/15/2020 · Paid in Full · Loan `1259837207`
## Borrower
- **Name:** ELS, LLC
- **Address:** 210 WOODARD DRIVE, KENLY, NC, 27542-1111
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Rent:** $40K
- **Utilities:** $40K
- **Jobs reported:** 250
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*