# PPP loan: MEARS SAND & GRAVEL LLC
> **$161K** approved 04/07/2021 · Paid in Full · Loan `7981198707`
## 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:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 14
## 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*