# PPP loan: SLOFT, LLC
> **$365K** approved 04/28/2020 · Paid in Full · Loan `7540207205`
## Borrower
- **Name:** SLOFT, LLC
- **Address:** 27 Coogan Blvd Building 24, MYSTIC, CT, 06355-1920
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Rent:** $37K
- **Utilities:** $37K
- **Jobs reported:** 91
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*