# PPP loan: INTERSTATE BUILDING MATERIALS, INC
> **$161K** approved 04/07/2020 · Paid in Full · Loan `7273547000`
## Borrower
- **Name:** INTERSTATE BUILDING MATERIALS, INC
- **Address:** 945 HIGHWAY 171 BYP, MANY, LA, 71449-3187
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/18/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $20K
- **Utilities:** $11K
- **Jobs reported:** 21
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*