# PPP loan: ELEMENT MANAGEMENT SERVICES, LLC
> **$1.09M** approved 04/16/2020 · Paid in Full · Loan `2406607203`
## Borrower
- **Name:** ELEMENT MANAGEMENT SERVICES, LLC
- **Address:** 17550 North Perimeter Dr, SCOTTSDALE, AZ, 85255-7828
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $200
- **Utilities:** $30
- **Health care:** $72K
- **Jobs reported:** 46
## Lender
- **Originating:** Arizona Financial Credit Union
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*