# PPP loan: DREAMTSOFT, INC.
> **$190K** approved 05/01/2020 · Charged Off · Loan `1567477709`
## Borrower
- **Name:** DREAMTSOFT, INC.
- **Address:** 539 S CEDROS AVE, SOLANA BEACH, CA, 92075
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $157K (83%)
- **Forgiveness date:** 06/11/2021
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $12K
- **Utilities:** $640
- **Health care:** $3K
- **Jobs reported:** 7
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*