PPP Loan information for Lovotti, inc.

$776,263

Lovotti, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $776,263. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank of Central California reported 80 jobs and $776,263 was used to fund payroll.

Lovotti, inc. is Existing or more than 2 years old

PPP Loan Search / CA / STOCKTON / Lovotti, inc.

LOVOTTI, INC.

Date Approved

04/08/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

LOVOTTI, INC.

Borrower Address

2216 Stewart Street

Borrower City

STOCKTON

Borrower State

CA

Borrower Zip

95205-3232

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

776263.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5461

Servicing Lender Name

Farmers & Merchants Bank of Central California

Servicing Lender Address

121 W Pine St

Servicing Lender City

LODI

Servicing Lender State

CA

Servicing Lender Zip

95240-2110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STOCKTON

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95205-3232

CD

CA-09

Jobs Reported

80

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

776263.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

5461

Originating Lender

Farmers & Merchants Bank of Central California

Originating Lender City

LODI

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

780580.30

Forgiveness Date

11/03/2020

;