# PPP loan: LAUREL RUBBER & GASKET CO
> **$174K** approved 04/06/2020 · Paid in Full · Loan `6105327000`
## Borrower
- **Name:** LAUREL RUBBER & GASKET CO
- **Address:** #8 Donald Drive, LAUREL, MS, 39440-4724
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 18
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*