Element Care INC
$3,125,000 PPP Loan in Lynn, Massachusetts
Loan Details
- Loan Number
- 4479067109
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,125,000
- Current Approval
- $3,125,000
- Forgiveness Amount
- $3,160,677
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Element Care INC
- Address
- 37 Friend Street
- City
- Lynn
- State
- Massachusetts
- ZIP Code
- 01902-3016
- Business Type
- Corporation
- Industry (NAICS)
- Health Care and Social Assistance (624120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- $40.5M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $3,125,000
Lender Information
- Servicing Lender
- Eastern Bank
- Originating Lender
- Eastern Bank
Other PPP Loans in Lynn, MA
| Business | Approved | |
|---|---|---|
| Lynn Community Health Inc. | $7,750,000 |  Research |
| Greater Lynn Senior Services, INC | $5,857,165 | Research |
| Health Management Services, Inc. | $5,553,700 | Research |
| Demakes Enterprises INC | $3,389,415 | Research |
| Able Home Care LLC | $1,769,540 | Research |
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