# PPP loan: CHATEAU INC.
> **$466K** approved 04/12/2020 · Paid in Full · Loan `4070727100`
## Borrower
- **Name:** CHATEAU INC.
- **Address:** 3600 Chateau Blvd, KENNER, LA, 70065-2739
- **NAICS:** 713910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $117K
- **Jobs reported:** 118
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*