# PPP loan: THE PANGBURN GROUP, INC.
> **$929K** approved 04/06/2020 · Paid in Full · Loan `6325037009`
## Borrower
- **Name:** THE PANGBURN GROUP, INC.
- **Address:** 301 MAJOR PKWAY, NEW ROADS, LA, 70760-2679
- **NAICS:** 541612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $935K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $697K
- **Rent:** $46K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Health care:** $93K
- **Jobs reported:** 56
## Lender
- **Originating:** The Cottonport Bank
- **Servicing:** The Cottonport Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*