# PPP loan: LOFTECH HOMES L.L.C.
> **$325K** approved 01/25/2021 · Charged Off · Loan `5598328304`
## Borrower
- **Name:** LOFTECH HOMES L.L.C.
- **Address:** 8 Greenway Plz Ste 210, Houston, TX, 77046-0830
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $256K (79%)
- **Forgiveness date:** 09/07/2021
- **Status:** Charged Off
- **Term:** 51 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*