# PPP loan: JOFIT, LLC
> **$356K** approved 04/28/2020 · Exemption 4 · Loan `1494037301`
## Borrower
- **Name:** JOFIT, LLC
- **Address:** 995 Mearns Road, Warminster, PA, 18974
- **NAICS:** 448190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $173K (49%)
- **Forgiveness date:** 04/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $71K
- **Health care:** $18K
- **Jobs reported:** 34
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*