# PPP loan: PALADAR 511, INC.
> **$257K** approved 04/08/2020 · Paid in Full · Loan `8819907009`
## Borrower
- **Name:** PALADAR 511, INC.
- **Address:** 511 Marigny Street Apt 218, NEW ORLEANS, LA, 70117-8631
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 62
## Lender
- **Originating:** Fidelity Bank
- **Servicing:** Fidelity Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*