# PPP loan: ELBRECHT INVESTMENTS, LLC
> **$790K** approved 04/07/2020 · Paid in Full · Loan `7112907000`
## Borrower
- **Name:** ELBRECHT INVESTMENTS, LLC
- **Address:** 875 Industrial Drive, TIPTON, IN, 46072-1067
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $790K
- **Initial approval:** $790K
- **Forgiven:** $795K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $635K
- **Rent:** $4K
- **Utilities:** $119K
- **Health care:** $32K
- **Jobs reported:** 67
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*