# PPP loan: THE MARRERO LAND AND IMPROVEMENT ASSOCIATION LIMITED
> **$345K** approved 04/08/2020 · Paid in Full · Loan `8163227002`
## Borrower
- **Name:** THE MARRERO LAND AND IMPROVEMENT ASSOCIATION LIMITED
- **Address:** 5201 Westbank Expy Ste 400, MARRERO, LA, 70072-2901
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Jobs reported:** 29
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*