# PPP loan: ELEY ACRES ASSISTED LIVING & MEMORY CARE LLC
> **$180K** approved 04/09/2020 · Paid in Full · Loan `9641647010`
## Borrower
- **Name:** ELEY ACRES ASSISTED LIVING & MEMORY CARE LLC
- **Address:** 1012 N LEROY ST, FENTON, MI, 48430-1969
- **NAICS:** 623312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $198K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 31
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*