# PPP loan: GIACALONE BROS INC.
> **$234K** approved 02/02/2021 · Paid in Full · Loan `1863548402`
## Borrower
- **Name:** GIACALONE BROS INC.
- **Address:** 6535 Line Ave Ste 105, Shreveport, LA, 71106-3266
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Utilities:** $1
- **Jobs reported:** 30
## 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*