# PPP loan: SOURCE PRODUCTION AND EQUIPMENT COMPANY INC
> **$444K** approved 01/23/2021 · Paid in Full · Loan `4463518300`
## Borrower
- **Name:** SOURCE PRODUCTION AND EQUIPMENT COMPANY INC
- **Address:** 113 Teal St, Saint Rose, LA, 70087-4022
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $446K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $444K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** First Bank and Trust, A Division of BankPlus
- **Servicing:** BankPlus (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*