# PPP loan: LIFTOPIA INC
> **$796K** approved 04/15/2020 · Charged Off · Loan `1215847208`
## Borrower
- **Name:** LIFTOPIA INC
- **Address:** 350 Sansome St. No. 925, 4th Floor, San Francisco, CA, 94104
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $796K
- **Initial approval:** $796K
- **Forgiven:** $619K (78%)
- **Forgiveness date:** 02/12/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $723K
- **Mortgage interest:** $71K
- **Utilities:** $2K
- **Jobs reported:** 38
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*