# PPP loan: DELAWARE ELEVATOR INC
> **$5.63M** approved 04/13/2020 · Paid in Full · Loan `4508417107`
## Borrower
- **Name:** DELAWARE ELEVATOR INC
- **Address:** 2210 ALLEN DR, SALISBURY, MD, 21801-8059
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.63M
- **Initial approval:** $5.63M
- **Forgiven:** $5.71M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.63M
- **Jobs reported:** 381
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*