# PPP loan: ELUCENT MEDICAL INC.
> **$687K** approved 04/09/2020 · Paid in Full · Loan `9946797010`
## Borrower
- **Name:** ELUCENT MEDICAL INC.
- **Address:** 7480 Flying Cloud Dr Ste 110, EDEN PRAIRIE, MN, 55344-2800
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $687K
- **Jobs reported:** 28
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*