# PPP loan: ELITE TILE SETTERS INC
> **$398K** approved 04/27/2020 · Paid in Full · Loan `4850317205`
## Borrower
- **Name:** ELITE TILE SETTERS INC
- **Address:** 8535 s 700 w, SANDY, UT, 84070-2506
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Rent:** $15K
- **Jobs reported:** 40
## Lender
- **Originating:** Cyprus Federal Credit Union
- **Servicing:** Cyprus Federal Credit Union (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*