# PPP loan: ELDERWOOD ADMINISTRATIVE SERVICES LLC
> **$2.68M** approved 04/27/2020 · Paid in Full · Loan `4322317201`
## Borrower
- **Name:** ELDERWOOD ADMINISTRATIVE SERVICES LLC
- **Address:** 500 Seneca Street Suite 100, BUFFALO, NY, 14204-1963
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.68M
- **Initial approval:** $2.68M
- **Forgiven:** $2.75M (103%)
- **Forgiveness date:** 11/08/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.28M
- **Rent:** $268K
- **Utilities:** $134K
- **Jobs reported:** 176
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*