# PPP loan: OLE ORLEANS WINES AND SPIRITS INC.
> **$176K** approved 04/27/2020 · Charged Off · Loan `4602317206`
## Borrower
- **Name:** OLE ORLEANS WINES AND SPIRITS INC.
- **Address:** 2273 Barataria Blvd, Marrero, LA, 70072
- **NAICS:** 312130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $16K (9%)
- **Forgiveness date:** 04/26/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 17
## Lender
- **Originating:** First Bank and Trust, A Division of BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*