# PPP loan: RED RIVER PUMP SPECIALISTS INC
> **$501K** approved 04/04/2020 · Paid in Full · Loan `4700007004`
## Borrower
- **Name:** RED RIVER PUMP SPECIALISTS INC
- **Address:** 1555 WELLS ISLAND RD, SHREVEPORT, LA, 71107-5440
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 35
## Lender
- **Originating:** Gibsland Bank & Trust Company
- **Servicing:** Gibsland Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*