# PPP loan: COLONIAL NURSING HOME, INC
> **$450K** approved 04/14/2020 · Paid in Full · Loan `5853297103`
## Borrower
- **Name:** COLONIAL NURSING HOME, INC
- **Address:** 430 N WASHINGTON ST STE III, MARKSVILLE, LA, 71351-2426
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 72
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*