# PPP loan: ASC, LLC
> **$787K** approved 04/28/2020 · Paid in Full · Loan `6457177203`
## Borrower
- **Name:** ASC, LLC
- **Address:** 17141 SIMON LANE, FRENCH SETTLEMENT, LA, 70733-9999
- **NAICS:** 812111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $787K
- **Initial approval:** $787K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $80K
- **Utilities:** $20K
- **Health care:** $39K
- **Jobs reported:** 114
## Lender
- **Originating:** Farmers-Merchants Bank & Trust Company
- **Servicing:** Farmers-Merchants Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*