# PPP loan: LAVORO TECHNOLOGIES INC
> **$392K** approved 01/28/2021 · Charged Off · Loan `7462278302`
## Borrower
- **Name:** LAVORO TECHNOLOGIES INC
- **Address:** 7075 FM 1960 Rd W Ste 1020, Houston, TX, 77069-3611
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $229K (58%)
- **Forgiveness date:** 04/19/2022
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 13
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*