# PPP loan: RIG FABRICATION AND REPAIR, INC
> **$282K** approved 04/09/2020 · Paid in Full · Loan `9684807010`
## Borrower
- **Name:** RIG FABRICATION AND REPAIR, INC
- **Address:** 1513B Chemin Agreable Rd. 0.0, Youngsville, LA, 70592-6629
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $23K
- **Utilities:** $10K
- **Health care:** $19K
- **Debt interest:** $7K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*