# PPP loan: LOPEFRA CORP.
> **$1.06M** approved 05/01/2020 · Paid in Full · Loan `2036967709`
## Borrower
- **Name:** LOPEFRA CORP.
- **Address:** 7855 NW 29TH ST STE 182, DORAL, FL, 33122
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Rent:** $66K
- **Utilities:** $20K
- **Health care:** $45K
- **Jobs reported:** 111
## 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*