# PPP loan: LOFTIUM INC.
> **$571K** approved 01/30/2021 · Paid in Full · Loan `8738918300`
## Borrower
- **Name:** LOFTIUM INC.
- **Address:** 217 Pine St Ste 600, Seattle, WA, 98101-1579
- **NAICS:** 531110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $574K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $571K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*