# PPP loan: CLM EQUIPMENT CO INC
> **$852K** approved 04/12/2020 · Paid in Full · Loan `4019167103`
## Borrower
- **Name:** CLM EQUIPMENT CO INC
- **Address:** 3135 US HWY 90E, BROUSSARD, LA, 70518
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $852K
- **Initial approval:** $852K
- **Forgiven:** $862K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $852K
- **Jobs reported:** 51
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*