# PPP loan: ELEVATOR TECHNOLOGIES INC
> **$825K** approved 05/01/2020 · Paid in Full · Loan `5601667710`
## Borrower
- **Name:** ELEVATOR TECHNOLOGIES INC
- **Address:** 7931 PENN RANDALL PL STE D, UPPR MARLBORO, MD, 20772-2666
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*