# PPP loan: LOFTI CONSTRUCTION DESIGN BUILD INC
> **$247K** approved 03/15/2021 · Paid in Full · Loan `2864168609`
## Borrower
- **Name:** LOFTI CONSTRUCTION DESIGN BUILD INC
- **Address:** 833 Meridian St, Duarte, CA, 91010-3587
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 06/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*