# PPP loan: KERGAN BROS., INC.
> **$5.50M** approved 04/06/2020 · Paid in Full · Loan `5713327010`
## Borrower
- **Name:** KERGAN BROS., INC.
- **Address:** 1021 Camellia Blvd, LAFAYETTE, LA, 70508-6679
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.50M
- **Initial approval:** $5.50M
- **Forgiven:** $5.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.50M
- **Jobs reported:** 500
## Lender
- **Originating:** Home Bank, National Association
- **Servicing:** Home Bank, National Association (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*