# PPP loan: MEARS SAND & GRAVEL, LLC
> **$200K** approved 04/28/2020 · Paid in Full · Loan `7457927208`
## Borrower
- **Name:** MEARS SAND & GRAVEL, LLC
- **Address:** 40 MEARS RD, DENHAM SPRINGS, LA, 70706-3032
- **NAICS:** 212321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 16
## Lender
- **Originating:** First Guaranty Bank
- **Servicing:** First Guaranty Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*