# PPP loan: FAIRCLOTH MELTON SOBEL & BASH, LLC
> **$337K** approved 04/13/2020 · Paid in Full · Loan `5275247107`
## Borrower
- **Name:** FAIRCLOTH MELTON SOBEL & BASH, LLC
- **Address:** 105 YORKTOWN DR, ALEXANDRIA, LA, 71303-3621
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $20K
- **Utilities:** $17K
- **Jobs reported:** 27
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*