# PPP loan: CLOUDFIT SOFTWARE, LLC
> **$1.45M** approved 04/05/2020 · Paid in Full · Loan `5231227001`
## Borrower
- **Name:** CLOUDFIT SOFTWARE, LLC
- **Address:** 300 Lucado Place, LYNCHBURG, VA, 24504-5483
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 124
## Lender
- **Originating:** Builtwell Bank
- **Servicing:** Builtwell Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*