# PPP loan: RUSSELL J STUTES CONSTRUCTION CO
> **$270K** approved 03/26/2021 · Paid in Full · Loan `9934808609`
## Borrower
- **Name:** RUSSELL J STUTES CONSTRUCTION CO
- **Address:** 3007 Country Club Rd, Lake Charles, LA, 70605-5919
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 19
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*