# PPP loan: ELARA SYSTEMS, INC
> **$308K** approved 04/13/2020 · Paid in Full · Loan `5145807100`
## Borrower
- **Name:** ELARA SYSTEMS, INC
- **Address:** 2356 GOLD MEADOW WAY STE 201, GOLD RIVER, CA, 95670-4418
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 17
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*