PPP Loan information for Intracoastal iron works, inc.

$500,000

Intracoastal iron works, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/13/2020 by The Synergy Bank reported 48 jobs and $500,000 was used to fund payroll.

Intracoastal iron works, inc. is Existing or more than 2 years old

PPP Loan Search / LA / BOURG / Intracoastal iron works, inc.

INTRACOASTAL IRON WORKS, INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INTRACOASTAL IRON WORKS, INC.

Borrower Address

149 BOURG LAROSE HWY

Borrower City

BOURG

Borrower State

LA

Borrower Zip

70343-5207

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123463

Servicing Lender Name

Synergy Bank

Servicing Lender Address

210 Synergy Center Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-1768

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOURG

Project County Name

TERREBONNE

Project State

LA

Project Zip

70343-5207

CD

LA-01

Jobs Reported

48

NAICS Code

336611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

472000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123463

Originating Lender

Synergy Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

506208.33

Forgiveness Date

07/09/2021

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