# PPP loan: LOUISIANA PLASTIC INDUSTRIES
> **$490K** approved 04/15/2020 · Paid in Full · Loan `2200597207`
## Borrower
- **Name:** LOUISIANA PLASTIC INDUSTRIES
- **Address:** 501 DOWNING PINES RD, WEST MONROE, LA, 71292-8010
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Utilities:** $49K
- **Health care:** $73K
- **Jobs reported:** 42
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*