# PPP loan: ELEVATE HR INC
> **$315K** approved 05/01/2020 · Paid in Full · Loan `2170737700`
## Borrower
- **Name:** ELEVATE HR INC
- **Address:** 1055 PARSIPPANY BLVD STE 511, PARSIPPANY, NJ, 07054
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $37K
- **Health care:** $34K
- **Jobs reported:** 120
## 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*