# PPP loan: L & N FOOD STORE
> **$249K** approved 04/09/2020 · Paid in Full · Loan `9318907005`
## Borrower
- **Name:** L & N FOOD STORE
- **Address:** 622 LAFOURCHE DR, THIBODAUX, LA, 70301-2526
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $40K
- **Utilities:** $10K
- **Jobs reported:** 85
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*