# PPP loan: LAKE CHARLES NEWSMEDIA LLC
> **$546K** approved 02/09/2021 · Exemption 4 · Loan `5763948405`
## Borrower
- **Name:** LAKE CHARLES NEWSMEDIA LLC
- **Address:** 4900 Highway 90 E, Lake Charles, LA, 70615-4037
- **NAICS:** 511110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $432K (79%)
- **Forgiveness date:** 06/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*