# PPP loan: GLO RESOURCES, LLC
> **$1.61M** approved 04/05/2020 · Paid in Full · Loan `5469047006`
## Borrower
- **Name:** GLO RESOURCES, LLC
- **Address:** 509 SAINT LOUIS ST, BATON ROUGE, LA, 70802-6158
- **NAICS:** 561330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Utilities:** $323K
- **Jobs reported:** 195
## 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*