# PPP loan: AL CENAC TOWING, LLC
> **$506K** approved 04/13/2020 · Paid in Full · Loan `4626137107`
## Borrower
- **Name:** AL CENAC TOWING, LLC
- **Address:** 1211 BAYOU LACARPE RD, HOUMA, LA, 70363-7526
- **NAICS:** 488320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Health care:** $106K
- **Jobs reported:** 33
## Lender
- **Originating:** South Louisiana Bank
- **Servicing:** South Louisiana Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*