# PPP loan: VOLUTE, INC
> **$340K** approved 04/07/2020 · Paid in Full · Loan `7351267006`
## Borrower
- **Name:** VOLUTE, INC
- **Address:** VENTURE BLVD, HOUMA, LA, 70360-7900
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Utilities:** $3K
- **Jobs reported:** 30
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*