# PPP loan: LOFTA
> **$198K** approved 04/06/2020 · Paid in Full · Loan `5991927002`
## Borrower
- **Name:** LOFTA
- **Address:** 7661 GIRARD AVE #230, LA JOLLA, CA, 92037-4421
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 15
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*