# PPP loan: GORDON REED & ASSOCIATES INC.
> **$267K** approved 01/21/2021 · Paid in Full · Loan `2709888308`
## Borrower
- **Name:** GORDON REED & ASSOCIATES INC.
- **Address:** 201 Rue Iberville Ste 710, Lafayette, LA, 70508-3281
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Rayne State Bank & Trust Company
- **Servicing:** Rayne State Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*