# PPP loan: LOZOYA CONSTRUCTION INC.
> **$622K** approved 04/07/2020 · Paid in Full · Loan `7298547007`
## Borrower
- **Name:** LOZOYA CONSTRUCTION INC.
- **Address:** 6819 N FM 1788, MIDLAND, TX, 79707-8982
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $584K (94%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Rent:** $62K
- **Utilities:** $62K
- **Jobs reported:** 56
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*