# PPP loan: ELLIS PROCESSING & MATERIAL HANDLING, LLC
> **$765K** approved 04/13/2020 · Paid in Full · Loan `4685267100`
## Borrower
- **Name:** ELLIS PROCESSING & MATERIAL HANDLING, LLC
- **Address:** 2603 CORPORATE AVE Suite 150, MEMPHIS, TN, 38132-0001
- **NAICS:** 483211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $765K
- **Initial approval:** $765K
- **Forgiven:** $769K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $612K
- **Debt interest:** $153K
- **Jobs reported:** 41
## 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*