# PPP loan: ARCENEAUX FORD INC
> **$485K** approved 04/13/2020 · Paid in Full · Loan `4570927108`
## Borrower
- **Name:** ARCENEAUX FORD INC
- **Address:** 1111 US HIGHWAY 90 West, NEW IBERIA, LA, 70560-9402
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Jobs reported:** 39
## 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*