# PPP loan: LOBLOLLY, LLC
> **$269K** approved 04/04/2020 · Paid in Full · Loan `4785097007`
## Borrower
- **Name:** LOBLOLLY, LLC
- **Address:** 1409 COUNTRY CLUB CIR, CARLSBAD, NM, 88220-4115
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $24K
- **Debt interest:** $2K
- **Jobs reported:** 33
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*