# PPP loan: MAXWELL HEIRSCH, INC
> **$350K** approved 04/15/2020 · Paid in Full · Loan `8690687100`
## Borrower
- **Name:** MAXWELL HEIRSCH, INC
- **Address:** 1929 Hickory Ave, NEW ORLEANS, LA, 70123
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $88K
- **Jobs reported:** 117
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*