# PPP loan: ELASE INC
> **$418K** approved 04/13/2020 · Paid in Full · Loan `5567867107`
## Borrower
- **Name:** ELASE INC
- **Address:** 562 West Main Street, AMERICAN FORK, UT, 84003-2216
- **NAICS:** 812199
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Jobs reported:** 60
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*