# PPP loan: TERREBONNE ARC
> **$1.22M** approved 04/28/2020 · Paid in Full · Loan `8345527206`
## Borrower
- **Name:** TERREBONNE ARC
- **Address:** 1  MCCORD RD, HOUMA, LA, 70363-5547
- **NAICS:** 623990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $984K
- **Utilities:** $32K
- **Health care:** $201K
- **Jobs reported:** 175
## Lender
- **Originating:** South Louisiana Bank
- **Servicing:** South Louisiana Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*