# PPP loan: MIGNON FAGET LTD
> **$582K** approved 04/11/2020 · Paid in Full · Loan `3042467103`
## Borrower
- **Name:** MIGNON FAGET LTD
- **Address:** 4300 MAGAZINE ST, NEW ORLEANS, LA, 70115-2737
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $582K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $134K
- **Utilities:** $15K
- **Health care:** $27K
- **Jobs reported:** 54
## 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*