# PPP loan: NEW RHODES L.L.C.
> **$300K** approved 05/07/2020 · Paid in Full · Loan `3307757408`
## Borrower
- **Name:** NEW RHODES L.L.C.
- **Address:** 829 ST CHARLES AVE, NEW ORLEANS, LA, 70130
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 77
## 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*