# PPP loan: ELASTICITY, LLC
> **$321K** approved 04/11/2020 · Paid in Full · Loan `2658237108`
## Borrower
- **Name:** ELASTICITY, LLC
- **Address:** 1008 Locust St, SAINT LOUIS, MO, 63101-1306
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $80K
- **Jobs reported:** 21
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*