# PPP loan: DE LA SALLE OF NEW ORLEANS, INC.
> **$690K** approved 04/15/2020 · Paid in Full · Loan `8896897110`
## Borrower
- **Name:** DE LA SALLE OF NEW ORLEANS, INC.
- **Address:** 5300 St. Charles Ave, NEW ORLEANS, LA, 70115
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $690K
- **Initial approval:** $690K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $518K
- **Utilities:** $173K
- **Jobs reported:** 56
## 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*