# PPP loan: ELG VENTURES INC.
> **$545K** approved 03/31/2021 · Paid in Full · Loan `3332498705`
## Borrower
- **Name:** ELG VENTURES INC.
- **Address:** 134 Hampshire St, Cambridge, MA, 02139-1421
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*