# PPP loan: RICHARD L. ARCENEAUX MD LLC
> **$266K** approved 04/08/2020 · Paid in Full · Loan `7937807010`
## Borrower
- **Name:** RICHARD L. ARCENEAUX MD LLC
- **Address:** 132 UNION DR, THIBODAUX, LA, 70301-8110
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Mortgage interest:** $40K
- **Utilities:** $13K
- **Jobs reported:** 38
## 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*