# PPP loan: LOFFREDO GARDENS, INC.
> **$4.81M** approved 04/07/2020 · Paid in Full · Loan `6885477010`
## Borrower
- **Name:** LOFFREDO GARDENS, INC.
- **Address:** 4001 SW 63RD STREET, DES MOINES, IA, 50321-1607
- **NAICS:** 311991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.81M
- **Initial approval:** $4.81M
- **Forgiven:** $4.86M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.81M
- **Jobs reported:** 469
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*