# PPP loan: IBERIA AGGREGATES & CONSTRUCTION MATERIALS LLC
> **$248K** approved 04/14/2020 · Paid in Full · Loan `7580897109`
## Borrower
- **Name:** IBERIA AGGREGATES & CONSTRUCTION MATERIALS LLC
- **Address:** 5006 WEEKS ISLAND RD, NEW IBERIA, LA, 70560-9095
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $17K
- **Utilities:** $4K
- **Health care:** $19K
- **Debt interest:** $29K
- **Jobs reported:** 26
## Lender
- **Originating:** Community First Bank
- **Servicing:** Community First Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*