# PPP loan: ACADIANA RUBBER & GASKET CO.
> **$251K** approved 01/17/2021 · Paid in Full · Loan `1479528304`
## Borrower
- **Name:** ACADIANA RUBBER & GASKET CO.
- **Address:** 102 E Simcoe St, Lafayette, LA, 70501-4827
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** First National Bank of Louisiana
- **Servicing:** First National Bank of Louisiana (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*