# PPP loan: ELYSIUM INC
> **$259K** approved 05/01/2020 · Paid in Full · Loan `1674787703`
## Borrower
- **Name:** ELYSIUM INC
- **Address:** 3000 TOWN CTR STE 1330, SOUTHFIELD, MI, 48075
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $26K
- **Utilities:** $5K
- **Health care:** $34K
- **Jobs reported:** 13
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*