# PPP loan: TATCO MACHINE & REPAIR INC.
> **$230K** approved 02/10/2021 · Paid in Full · Loan `6141368408`
## Borrower
- **Name:** TATCO MACHINE & REPAIR INC.
- **Address:** 1953 Grand Caillou Rd, Houma, LA, 70363-7099
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** South Louisiana Bank
- **Servicing:** South Louisiana Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*