# PPP loan: BECNEL RENTAL TOOLS LLC
> **$416K** approved 04/04/2020 · Paid in Full · Loan `4813237010`
## Borrower
- **Name:** BECNEL RENTAL TOOLS LLC
- **Address:** 340 TECHNOLOGY LN, GRAY, LA, 70359-3343
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Mortgage interest:** $45K
- **Debt interest:** $25K
- **Jobs reported:** 23
## 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*