# PPP loan: LOW-RISE ELEVATOR CO., INC.
> **$301K** approved 04/27/2020 · Paid in Full · Loan `4501117206`
## Borrower
- **Name:** LOW-RISE ELEVATOR CO., INC.
- **Address:** 701 Pine Ridge Road, Media, PA, 19063
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Jobs reported:** 9
## Lender
- **Originating:** The Bank of Princeton
- **Servicing:** The Bank of Princeton (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*