# PPP loan: ELEVATING BOATS LLC
> **$1.61M** approved 04/28/2020 · Paid in Full · Loan `6869427202`
## Borrower
- **Name:** ELEVATING BOATS LLC
- **Address:** 124 Finish Line Lane, Houma, LA, 70360
- **NAICS:** 336611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 117
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*