# PPP loan: ELIRE INC
> **$1.90M** approved 01/31/2021 · Exemption 4 · Loan `9746338308`
## Borrower
- **Name:** ELIRE INC
- **Address:** 920 2nd Ave S Ste 750, Minneapolis, MN, 55402-0118
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.10M (58%)
- **Forgiveness date:** 11/15/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.90M
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*