# PPP loan: ELEVATED EQUIPMENT SUPPLY INC.
> **$238K** approved 05/11/2020 · Paid in Full · Loan `5004417402`
## Borrower
- **Name:** ELEVATED EQUIPMENT SUPPLY INC.
- **Address:** 1324 East 15th Street, Los Angeles, CA, 90021
- **NAICS:** 444220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $223K (94%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Rent:** $36K
- **Utilities:** $24K
- **Jobs reported:** 25
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*