# PPP loan: ELEMENT INC.
> **$633K** approved 03/15/2021 · Paid in Full · Loan `2369708608`
## Borrower
- **Name:** ELEMENT INC.
- **Address:** 72 Greene St Fl 4, New York, NY, 10012-4373
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $633K
- **Initial approval:** $633K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $633K
- **Jobs reported:** 35
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*