# PPP loan: SINCLAIR ELEVATOR, INC.
> **$634K** approved 04/14/2020 · Paid in Full · Loan `5963367101`
## Borrower
- **Name:** SINCLAIR ELEVATOR, INC.
- **Address:** 32746 Sinclair Avenue, PARKERSBURG, IA, 50665-7514
- **NAICS:** 493130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $634K
- **Jobs reported:** 51
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*