# PPP loan: LOVERDE BUILDERS INC.
> **$825K** approved 04/13/2020 · Paid in Full · Loan `5497107106`
## Borrower
- **Name:** LOVERDE BUILDERS INC.
- **Address:** 705 NORTH LAKE BLVD STE 200, TAHOE CITY, CA, 96145-1719
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $830K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Jobs reported:** 55
## Lender
- **Originating:** Plumas Bank
- **Servicing:** Plumas Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*