# PPP loan: ELEVATE HOLDINGS, INC
> **$1.63M** approved 04/07/2020 · Paid in Full · Loan `6904467003`
## Borrower
- **Name:** ELEVATE HOLDINGS, INC
- **Address:** 5 BATCHELDER RD, SEABROOK, NH, 03874-4402
- **NAICS:** 481211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.72M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 63
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*