# PPP loan: THIBODEAUX & SON SCRAP YARD INC.
> **$223K** approved 01/21/2021 · Paid in Full · Loan `3132038310`
## Borrower
- **Name:** THIBODEAUX & SON SCRAP YARD INC.
- **Address:** 4612 Marina Rd, New Iberia, LA, 70560-7928
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Utilities:** $1
- **Jobs reported:** 18
## 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*