# PPP loan: B&G LAFAYETTE VENTURES LLC
> **$489K** approved 04/04/2020 · Paid in Full · Loan `5021567000`
## Borrower
- **Name:** B&G LAFAYETTE VENTURES LLC
- **Address:** 1430 SANDRA ST, MORGAN CITY, LA, 70380-2136
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Rent:** $75K
- **Utilities:** $40K
- **Health care:** $5K
- **Jobs reported:** 157
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*