# PPP loan: ELASE INC.
> **$408K** approved 02/09/2021 · Paid in Full · Loan `5987238403`
## Borrower
- **Name:** ELASE INC.
- **Address:** 2236 S 1300 E, Salt Lake City, UT, 84106-2898
- **NAICS:** 621399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $408K
- **Utilities:** $1
- **Jobs reported:** 81
## 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*