# PPP loan: ELPIS BIOPHARMACEUTICALS CORP.
> **$257K** approved 05/21/2020 · Paid in Full · Loan `1528617809`
## Borrower
- **Name:** ELPIS BIOPHARMACEUTICALS CORP.
- **Address:** 6 JONAS STONE CIR, LEXINGTON, MA, 02420-2136
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 22
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*