# PPP loan: ELEMENT SERVICES LLC
> **$1.71M** approved 01/30/2021 · Exemption 4 · Loan `9151638305`
## Borrower
- **Name:** ELEMENT SERVICES LLC
- **Address:** 20207 Leola Way, Eaton, CO, 80615-9146
- **NAICS:** 237120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.62M (95%)
- **Forgiveness date:** 08/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.71M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*