# PPP loan: EAGLE ELECTRIC MACHINERY, INC
> **$361K** approved 04/13/2020 · Paid in Full · Loan `4798587109`
## Borrower
- **Name:** EAGLE ELECTRIC MACHINERY, INC
- **Address:** 1181 BELGARD BND, BOYCE, LA, 71409-2902
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 28
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*