# PPP loan: CRESCENT POWER SYSTEMS, INC.
> **$586K** approved 04/13/2020 · Paid in Full · Loan `4389447101`
## Borrower
- **Name:** CRESCENT POWER SYSTEMS, INC.
- **Address:** 4317 CANAL ST, NEW ORLEANS, LA, 70119-5944
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $593K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $586K
- **Jobs reported:** 9
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*