# PPP loan: LONOLIFE INC
> **$152K** approved 04/06/2020 · Paid in Full · Loan `6424907005`
## Borrower
- **Name:** LONOLIFE INC
- **Address:** 1722 S COAST HWY #4, OCEANSIDE, CA, 92054-5320
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $170K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $15K
- **Utilities:** $7K
- **Jobs reported:** 6
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*