# PPP loan: E.L.M. INC.
> **$165K** approved 04/14/2020 · Paid in Full · Loan `6845557103`
## Borrower
- **Name:** E.L.M. INC.
- **Address:** 655 Marginal del Parque, Area Los Colobos, CAROLINA, PR, 00987
- **NAICS:** 311824
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $20K
- **Utilities:** $18K
- **Jobs reported:** 23
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*