# PPP loan: BAY COVE ASSISTED LIVING LLC
> **$430K** approved 05/20/2021 · Paid in Full · Loan `4747159003`
## Borrower
- **Name:** BAY COVE ASSISTED LIVING LLC
- **Address:** 111 Veterans Memorial Blvd Ste 1662, Metairie, LA, 70005-3000
- **NAICS:** 531110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $430K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*