# PPP loan: J & M ENTERPRISES OF HOUMA INC.
> **$347K** approved 01/20/2021 · Exemption 4 · Loan `2053718310`
## Borrower
- **Name:** J & M ENTERPRISES OF HOUMA INC.
- **Address:** 106 Capital Blvd, Houma, LA, 70360-7943
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $263K (76%)
- **Forgiveness date:** 05/19/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*