# PPP loan: ELEMENT THREE INC.
> **$939K** approved 02/10/2021 · Paid in Full · Loan `6246838403`
## Borrower
- **Name:** ELEMENT THREE INC.
- **Address:** 3500 Depauw Blvd Ste 3050, Indianapolis, IN, 46268-6135
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $939K
- **Initial approval:** $939K
- **Forgiven:** $944K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $939K
- **Jobs reported:** 47
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*