# PPP loan: GATOR VALVE, INC.
> **$361K** approved 01/17/2021 · Paid in Full · Loan `1361898304`
## Borrower
- **Name:** GATOR VALVE, INC.
- **Address:** 115 Thruway Park Rd, Broussard, LA, 70518-3601
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Rayne State Bank & Trust Company
- **Servicing:** Rayne State Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*