# PPP loan: BAYOU CHATEAU NURSING CENTER INC
> **$463K** approved 04/14/2020 · Paid in Full · Loan `6069457104`
## Borrower
- **Name:** BAYOU CHATEAU NURSING CENTER INC
- **Address:** 16232 HIGHWAY 1, SIMMESPORT, LA, 71369-2156
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $23K
- **Utilities:** $93K
- **Jobs reported:** 73
## Lender
- **Originating:** The Cottonport Bank
- **Servicing:** The Cottonport Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*