# PPP loan: ELEMENTS OF HOSPITALITY, INC
> **$699K** approved 04/14/2020 · Paid in Full · Loan `6540777109`
## Borrower
- **Name:** ELEMENTS OF HOSPITALITY, INC
- **Address:** 655 Front Street, Suite 3, LYNDEN, WA, 98264-1900
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $699K
- **Initial approval:** $699K
- **Forgiven:** $658K (94%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $677K
- **Rent:** $21K
- **Utilities:** $600
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*