PPP Loan information for Marine and industrial insulation inc

$159,275

Marine and industrial insulation inc was initially approved for PPP Loan of amount $159,275, the current approved amount is $159,275. The loan was approved on 03/23/2021 by The Gulf Coast Bank and Trust Company reported 20 jobs and $159,275 was used to fund payroll.

Marine and industrial insulation inc is Existing or more than 2 years old

PPP Loan Search / LA / Ethel / Marine and industrial insulation inc

MARINE AND INDUSTRIAL INSULATION INC

Date Approved

03/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MARINE AND INDUSTRIAL INSULATION INC

Borrower Address

9501 Highway 955 E

Borrower City

Ethel

Borrower State

LA

Borrower Zip

70730-4210

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159275.00

Current Approval Amount

159275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ethel

Project County Name

EAST FELICIANA

Project State

LA

Project Zip

70730-4210

CD

LA-05

Jobs Reported

20

NAICS Code

336611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159269.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160699.63

Forgiveness Date

02/09/2022

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