# PPP loan: ELKORA, INC.
> **$152K** approved 04/07/2020 · Paid in Full · Loan `7010887006`
## Borrower
- **Name:** ELKORA, INC.
- **Address:** 758 Ampthill Road, CARTERSVILLE, VA, 23027-9608
- **NAICS:** 115310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 16
## Lender
- **Originating:** New Horizon Bank, National Association
- **Servicing:** New Horizon Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*