# PPP loan: BELMONT FARMS, INC
> **$164K** approved 04/09/2020 · Paid in Full · Loan `9276967002`
## Borrower
- **Name:** BELMONT FARMS, INC
- **Address:** 1884 LAGAN CT, LUTCHER, LA, 70071-5605
- **NAICS:** 111930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 14
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*