# PPP loan: ELEMENT DEVELOPMENT INC
> **$198K** approved 02/10/2021 · Paid in Full · Loan `6531078410`
## Borrower
- **Name:** ELEMENT DEVELOPMENT INC
- **Address:** 1349 Kapiolani Blvd, Honolulu, HI, 96814-4516
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $185K (93%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Central Pacific Bank
- **Servicing:** Central Pacific Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*