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Lloreda is a long-time member of the senior Panamanian national basketball team. He competed for the team at the 2005, 2007, and 2009 FIBA Americas Championship and the 2009 FIBA COCABA Championship. He also participated in the 2006 FIBA World Championship with the team after they were a surprise qualifier by finishing fifth at the FIBA Americas Championship 2005, despite starting off the quarterfinal round with an 0-3 record.

Although considered a candidate to be drafted in the 2004 NBA Draft on the strength of his solid LSU career, Lloreda went undrafted. He began his professional career overseas with Pınar Karşıyaka of the Turkish Basketball League. In 18 games with the team, Lloreda put up strong numbers, averaging 15.8 points and 9.7 rebounds per game. The following year, he joined Lokomotiv Rostov of the Russian Basketball Super League. He averaged 14.9 points and 10.9 rebounds in 14 games of league action and 16.8 points and 11.5 rebounds in FIBA EuroCup action, helping the team to a quarterfinal appearance. In the succeeding seasons, Lloreda has bounced around the globe to teams in Saudi Arabia, Bosnia, Italy, and Panama. At season 2008-09, he played for Seven 2007 Roseto of the Italian League, averaging 15.3 points and 9.5 rebounds per game in 19 games of action.

José Jaime Lloreda Ferrón (born November 10, 1980) is a Panamanian professional basketball player. He is a longtime member of the senior men's Panamanian national basketball team.