# PPP loan: EL PASO-LAPALCO LLC
> **$241K** approved 05/07/2021 · Paid in Full · Loan `7439168905`
## Borrower
- **Name:** EL PASO-LAPALCO LLC
- **Address:** 5101 Lapalco Blvd, Marrero, LA, 70072-4237
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $245K (102%)
- **Forgiveness date:** 12/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*