# PPP loan: ROBICHAUX MOTORS LLC
> **$354K** approved 04/07/2020 · Paid in Full · Loan `6962477004`
## Borrower
- **Name:** ROBICHAUX MOTORS LLC
- **Address:** MAIN ST, THIBODAUX, LA, 70301-5426
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $921
- **Utilities:** $9K
- **Debt interest:** $61K
- **Jobs reported:** 35
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*