# PPP loan: THE OYSTER BAR, INC
> **$249K** approved 04/28/2020 · Paid in Full · Loan `1482707304`
## Borrower
- **Name:** THE OYSTER BAR, INC
- **Address:** 855 PIERREMONT RD STE 157, SHREVEPORT, LA, 71106-2041
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 45
## Lender
- **Originating:** Gibsland Bank & Trust Company
- **Servicing:** Gibsland Bank & Trust Company (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*