# PPP loan: TOFASCO OF AMERICA INC
> **$794K** approved 02/04/2021 · Paid in Full · Loan `2763668400`
## Borrower
- **Name:** TOFASCO OF AMERICA INC
- **Address:** 1661 Fairplex Dr, La Verne, CA, 91750-5871
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $794K
- **Initial approval:** $794K
- **Forgiven:** $803K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $794K
- **Jobs reported:** 50
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*