# PPP loan: LEBEOUF BROS TOWING, LLC
> **$7.86M** approved 04/10/2020 · Paid in Full · Loan `2586567102`
## Borrower
- **Name:** LEBEOUF BROS TOWING, LLC
- **Address:** 124 Dry Dock Road 0.0, Bourg, LA, 70343-3814
- **NAICS:** 483211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.86M
- **Initial approval:** $7.86M
- **Forgiven:** $7.96M (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.60M
- **Mortgage interest:** $418K
- **Utilities:** $100K
- **Health care:** $738K
- **Jobs reported:** 420
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*