# PPP loan: ELLIS PROCESSING & MATERIAL HANDLING LLC
> **$765K** approved 01/22/2021 · Paid in Full · Loan `3594438306`
## Borrower
- **Name:** ELLIS PROCESSING & MATERIAL HANDLING LLC
- **Address:** 2603 Corporate Ave E, Memphis, TN, 38132-1716
- **NAICS:** 488320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $765K
- **Initial approval:** $765K
- **Forgiven:** $770K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $765K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Farmers Bank and Trust Company
- **Servicing:** Farmers Bank and Trust Company (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*