# PPP loan: EFOC LLC
> **$272K** approved 04/07/2020 · Paid in Full · Loan `7516567001`
## Borrower
- **Name:** EFOC LLC
- **Address:** 808 CANYON RD, SANTA FE, NM, 87501-2726
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $246K (90%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 28
## Lender
- **Originating:** State Empl CU
- **Servicing:** State Empl CU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*