# PPP loan: ELEMENTS MANUFACTURING INC.
> **$449K** approved 01/25/2021 · Paid in Full · Loan `5828028304`
## Borrower
- **Name:** ELEMENTS MANUFACTURING INC.
- **Address:** 115 Harvey West Blvd Ste C, Santa Cruz, CA, 95060-2168
- **NAICS:** 337212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $449K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*