# PPP loan: LAVIGNE OIL COMPANY OF BATON ROUGE, LLC
> **$328K** approved 04/14/2020 · Charged Off · Loan `7772647109`
## Borrower
- **Name:** LAVIGNE OIL COMPANY OF BATON ROUGE, LLC
- **Address:** 11203 PROVERBS AVE, BATON ROUGE, LA, 70816-4182
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $270K (82%)
- **Forgiveness date:** 01/06/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 49
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*