# PPP loan: LABORDE PRODUCTS, INC.
> **$730K** approved 04/13/2020 · Paid in Full · Loan `5575477108`
## Borrower
- **Name:** LABORDE PRODUCTS, INC.
- **Address:** 74257 HIGHWAY 25, COVINGTON, LA, 70435-5679
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $730K
- **Initial approval:** $730K
- **Forgiven:** $734K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Jobs reported:** 46
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*