# PPP loan: RES CONTRACTORS, LLC
> **$2.74M** approved 04/05/2020 · Paid in Full · Loan `5078667007`
## Borrower
- **Name:** RES CONTRACTORS, LLC
- **Address:** 256 Ideal Street, PLATTENVILLE, LA, 70393-9999
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.74M
- **Initial approval:** $2.74M
- **Forgiven:** $2.75M (100%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.68M
- **Mortgage interest:** $50K
- **Utilities:** $5K
- **Jobs reported:** 162
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*