# PPP loan: WAGUESPACK WELDING & MANUFACTURING, INC.
> **$283K** approved 04/07/2020 · Paid in Full · Loan `7624767010`
## Borrower
- **Name:** WAGUESPACK WELDING & MANUFACTURING, INC.
- **Address:** 4635 Hwy 18, SAINT JAMES, LA, 70086-9999
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $4K
- **Health care:** $55K
- **Jobs reported:** 28
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*