# PPP loan: GUARANTY CORPORATION
> **$1.06M** approved 04/10/2020 · Paid in Full · Loan `1881817103`
## Borrower
- **Name:** GUARANTY CORPORATION
- **Address:** 929 Goverrnment Street, BATON ROUGE, LA, 70802-6034
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $955K
- **Rent:** $43K
- **Utilities:** $65K
- **Jobs reported:** 74
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*