# PPP loan: ELLIT GROUPS LLC
> **$1.40M** approved 01/28/2021 · Paid in Full · Loan `7295088306`
## Borrower
- **Name:** ELLIT GROUPS LLC
- **Address:** 6 Noble Bend Pl, The Woodlands, TX, 77382-4900
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 62
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*