# PPP loan: AGI INDUSTRIES ESOP
> **$2.00M** approved 03/23/2021 · Paid in Full · Loan `6285978609`
## Borrower
- **Name:** AGI INDUSTRIES ESOP
- **Address:** 2110 SW Evangeline Trwy, Lafayette, LA, 70508-2172
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 132
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*