# PPP loan: ELASTECH SOLUTIONS INC.
> **$158K** approved 02/26/2021 · Paid in Full · Loan `4790318503`
## Borrower
- **Name:** ELASTECH SOLUTIONS INC.
- **Address:** 12600 W Frontage Rd, Burnsville, MN, 55337-2389
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 9
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*