# PPP loan: BELMATT INC
> **$601K** approved 04/09/2020 · Paid in Full · Loan `9741577010`
## Borrower
- **Name:** BELMATT INC
- **Address:** 229 Wartell Ave, OPELOUSAS, LA, 70570-3349
- **NAICS:** 311942
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $601K
- **Initial approval:** $601K
- **Forgiven:** $606K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Rent:** $35K
- **Mortgage interest:** $5K
- **Utilities:** $17K
- **Health care:** $17K
- **Jobs reported:** 86
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*