# PPP loan: ALLIED SHIPYARD INC
> **$493K** approved 02/01/2021 · Paid in Full · Loan `1381518401`
## Borrower
- **Name:** ALLIED SHIPYARD INC
- **Address:** 310 Ledet Lane, Larose, LA, 70373
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 28
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*