# PPP loan: EL PASO NEW IBERIA LLC
> **$221K** approved 02/18/2021 · Paid in Full · Loan `1006928502`
## Borrower
- **Name:** EL PASO NEW IBERIA LLC
- **Address:** 816 E Admiral Doyle Dr, New Iberia, LA, 70560-6747
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*