# PPP loan: BUTCH OUSTALET INC
> **$992K** approved 04/06/2020 · Paid in Full · Loan `5795677002`
## Borrower
- **Name:** BUTCH OUSTALET INC
- **Address:** 9274 HWY 49, GULFPORT, MS, 39503-4256
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $992K
- **Initial approval:** $992K
- **Forgiven:** $1.01M (102%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $992K
- **Jobs reported:** 70
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*