# PPP loan: RESIDENTIAL ELEVATOR MANUFACTURING INC.
> **$222K** approved 02/18/2021 · Paid in Full · Loan `9915458409`
## Borrower
- **Name:** RESIDENTIAL ELEVATOR MANUFACTURING INC.
- **Address:** 1709 N Orchard Knob Ave, Chattanooga, TN, 37406-2828
- **NAICS:** 333921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*