# PPP loan: ELEVEN CREATIVE INC.
> **$196K** approved 06/29/2020 · Exemption 4 · Loan `6040048004`
## Borrower
- **Name:** ELEVEN CREATIVE INC.
- **Address:** 1 BRIDGE STREET SUITE 50, IRVINGTON, NY, 10533-1513
- **NAICS:** 541430
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $144K (74%)
- **Forgiveness date:** 01/17/2024
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 8
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*