# PPP loan: TROY ELEVATOR INC.
> **$308K** approved 02/27/2021 · Paid in Full · Loan `5055828501`
## Borrower
- **Name:** TROY ELEVATOR INC.
- **Address:** 105 S Madison St, Bloomfield, IA, 52537-1601
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $308K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*