# PPP loan: LOVOTTI, INC.
> **$776K** approved 04/08/2020 · Paid in Full · Loan `8448727003`
## Borrower
- **Name:** LOVOTTI, INC.
- **Address:** 2216 Stewart Street, STOCKTON, CA, 95205-3232
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $776K
- **Initial approval:** $500K
- **Forgiven:** $781K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Jobs reported:** 80
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*