# PPP loan: BAYOU GAUGING AND SERVICES INC
> **$587K** approved 04/07/2020 · Paid in Full · Loan `6716297003`
## Borrower
- **Name:** BAYOU GAUGING AND SERVICES INC
- **Address:** 133 BUCKSKIN LN, LOCKPORT, LA, 70374-4295
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Rent:** $1K
- **Mortgage interest:** $1K
- **Utilities:** $3K
- **Health care:** $70K
- **Debt interest:** $6K
- **Jobs reported:** 36
## Lender
- **Originating:** Synergy Bank
- **Servicing:** Synergy Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*