# PPP loan: AMERICAN ELEVATORS, INC.
> **$650K** approved 04/30/2020 · Paid in Full · Loan `6324967309`
## Borrower
- **Name:** AMERICAN ELEVATORS, INC.
- **Address:** 235 STARK ST, CINCINNATI, OH, 45214-2360
- **NAICS:** 811490
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Health care:** $268K
- **Jobs reported:** 23
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*