# PPP loan: GAUBERT OIL COMPANY, INC.
> **$1.80M** approved 04/14/2020 · Paid in Full · Loan `7251387108`
## Borrower
- **Name:** GAUBERT OIL COMPANY, INC.
- **Address:** 10 RIENZI DR, THIBODAUX, LA, 70301-2990
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Jobs reported:** 162
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*