# PPP loan: B & T GASKET COMPANY, INC.
> **$1.07M** approved 05/11/2020 · Paid in Full · Loan `4954597409`
## Borrower
- **Name:** B & T GASKET COMPANY, INC.
- **Address:** 117 Spinner Drive, BROUSSARD, LA, 70518-3432
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 74
## Lender
- **Originating:** Rayne State Bank & Trust Company
- **Servicing:** Rayne State Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*