# PPP loan: LOFTECH PROTOTYPE MANUFACTURIN
> **$569K** approved 04/09/2020 · Paid in Full · Loan `9044747007`
## Borrower
- **Name:** LOFTECH PROTOTYPE MANUFACTURIN
- **Address:** 1520 BUERKLE RD, SAINT PAUL, MN, 55110-5202
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $574K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Jobs reported:** 39
## Lender
- **Originating:** Platinum Bank
- **Servicing:** Platinum Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*