# PPP loan: ELM GROUP, INC
> **$210K** approved 06/29/2020 · Paid in Full · Loan `5597948006`
## Borrower
- **Name:** ELM GROUP, INC
- **Address:** 4275 Kellway Circle #106, Addison, TX, 75001-4225
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 36
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*