# PPP loan: MORGAN CITY SUPPLY OF LOUISIANA INC
> **$358K** approved 01/29/2021 · Paid in Full · Loan `8188378309`
## Borrower
- **Name:** MORGAN CITY SUPPLY OF LOUISIANA INC
- **Address:** 6911 Highway 182 E, Morgan City, LA, 70380-2164
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $358K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** M C Bank & Trust Co.
- **Servicing:** M C Bank & Trust Co. (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*