# PPP loan: AGRILECTRIC POWER PARTNERS
> **$299K** approved 04/11/2020 · Paid in Full · Loan `3217567101`
## Borrower
- **Name:** AGRILECTRIC POWER PARTNERS
- **Address:** 5667 BANKERS AVE, BATON ROUGE, LA, 70808-2610
- **NAICS:** 221117
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 17
## 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*