# PPP loan: PELLERIN LAUNDRY MACHINERY SALES COMPANY, INC.
> **$875K** approved 04/14/2020 · Paid in Full · Loan `6306997107`
## Borrower
- **Name:** PELLERIN LAUNDRY MACHINERY SALES COMPANY, INC.
- **Address:** 731 JACKSON ST, KENNER, LA, 70062-7773
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $881K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $875K
- **Jobs reported:** 54
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*