# PPP loan: ELEVATION REAL ESTATE AND MANAGEMENT, LLC
> **$176K** approved 04/05/2020 · Paid in Full · Loan `5440597003`
## Borrower
- **Name:** ELEVATION REAL ESTATE AND MANAGEMENT, LLC
- **Address:** 9312 EAST WAGON WHEEL RD, SPRINGDALE, AR, 72762-9335
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (100%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 15
## Lender
- **Originating:** Generations Bank
- **Servicing:** Generations Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*