# PPP loan: ILOV305 I, LLC
> **$395K** approved 04/28/2020 · Paid in Full · Loan `8763107201`
## Borrower
- **Name:** ILOV305 I, LLC
- **Address:** 1060 Ocean Drive, Miami, FL, 33139
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Rent:** $13K
- **Utilities:** $15K
- **Jobs reported:** 66
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*