# PPP loan: CATALYST MARINE ENGINEERING
> **$352K** approved 04/09/2020 · Paid in Full · Loan `1054507100`
## Borrower
- **Name:** CATALYST MARINE ENGINEERING
- **Address:** 1106 Port Ave., SEWARD, AK, 99664
- **NAICS:** 811490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Jobs reported:** 32
## Lender
- **Originating:** Global Federal Credit Union
- **Servicing:** Global Federal Credit Union (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*