# PPP loan: AMERICAN RECOVERY LLC
> **$298K** approved 04/09/2020 · Paid in Full · Loan `9373417003`
## Borrower
- **Name:** AMERICAN RECOVERY LLC
- **Address:** 2296 Denley Road, HOUMA, LA, 70363-7334
- **NAICS:** 488310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $14K
- **Utilities:** $21K
- **Jobs reported:** 22
## 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*