# PPP loan: GONZALES TIRE COMPANY, INC
> **$407K** approved 04/06/2020 · Paid in Full · Loan `6318807006`
## Borrower
- **Name:** GONZALES TIRE COMPANY, INC
- **Address:** 603 S BURNSIDE AVE, GONZALES, LA, 70737-3449
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Mortgage interest:** $61K
- **Utilities:** $20K
- **Jobs reported:** 39
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*