# PPP loan: ELPRO BUCHS AG
> **$640K** approved 04/10/2020 · Paid in Full · Loan `1886417100`
## Borrower
- **Name:** ELPRO BUCHS AG
- **Address:** 2335 State Route 821, MARIETTA, OH, 45750-5363
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $646K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Rent:** $160K
- **Jobs reported:** 33
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*