# PPP loan: LOSCO, INC.
> **$429K** approved 04/16/2020 · Paid in Full · Loan `2763697206`
## Borrower
- **Name:** LOSCO, INC.
- **Address:** 7643 FLORIDA BLVD, BATON ROUGE, LA, 70806
- **NAICS:** 453210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Mortgage interest:** $19K
- **Utilities:** $8K
- **Health care:** $23K
- **Jobs reported:** 48
## 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*