# PPP loan: ELEVATION ENERGY GROUP, LLC
> **$373K** approved 04/05/2020 · Paid in Full · Loan `5122187003`
## Borrower
- **Name:** ELEVATION ENERGY GROUP, LLC
- **Address:** 2305 E CESAR CHAVEZ ST, AUSTIN, TX, 78702-4603
- **NAICS:** 424720
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Mortgage interest:** $47K
- **Utilities:** $47K
- **Jobs reported:** 20
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*