# PPP loan: WAYNE ACREE PLS, INC.
> **$274K** approved 04/10/2020 · Paid in Full · Loan `1585287105`
## Borrower
- **Name:** WAYNE ACREE PLS, INC.
- **Address:** 8765 CYPRESS ST, WEST MONROE, LA, 71291-9190
- **NAICS:** 541360
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $216K (79%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 21
## Lender
- **Originating:** Progressive Bank
- **Servicing:** Progressive Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*