# PPP loan: ELEVATION CYCLES, LLC
> **$177K** approved 05/01/2020 · Paid in Full · Loan `2062867707`
## Borrower
- **Name:** ELEVATION CYCLES, LLC
- **Address:** 2030 E County Line Rd Unit R, Highlands Ranch, CO, 80126
- **NAICS:** 451110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $32K
- **Utilities:** $3K
- **Health care:** $13K
- **Jobs reported:** 26
## 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*