# PPP loan: LOBAKI, INC.
> **$196K** approved 04/07/2020 · Paid in Full · Loan `7106137009`
## Borrower
- **Name:** LOBAKI, INC.
- **Address:** 736 S PRESIDENT ST, JACKSON, MS, 39201-5603
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $20K
- **Utilities:** $14K
- **Debt interest:** $5K
- **Jobs reported:** 18
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*