# PPP loan: GULF SOUTH RISK MANAGERS, LTD
> **$200K** approved 04/27/2020 · Paid in Full · Loan `4635857200`
## Borrower
- **Name:** GULF SOUTH RISK MANAGERS, LTD
- **Address:** 712 School St, HOUMA, LA, 70360-4624
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $40K
- **Jobs reported:** 18
## 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*