# PPP loan: MARINE INDUSTRIAL FABRICATION, INC.
> **$277K** approved 04/10/2020 · Paid in Full · Loan `1356797101`
## Borrower
- **Name:** MARINE INDUSTRIAL FABRICATION, INC.
- **Address:** 4912 MARINA RD, NEW IBERIA, LA, 70560-7929
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $25K
- **Utilities:** $15K
- **Health care:** $30K
- **Jobs reported:** 19
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*