# PPP loan: STRANCO FIELD SERVICES LLC
> **$1.27M** approved 02/17/2021 · Exemption 4 · Loan `9744978406`
## Borrower
- **Name:** STRANCO FIELD SERVICES LLC
- **Address:** 109 W Woodlawn Ranch Rd, Houma, LA, 70363-7128
- **NAICS:** 532490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.18M (93%)
- **Forgiveness date:** 03/30/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Investar Bank, National Association
- **Servicing:** Investar Bank, National Association (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*