# PPP loan: GULF RESOURCE MANAGEMENT INC
> **$281K** approved 02/02/2021 · Paid in Full · Loan `1560858404`
## Borrower
- **Name:** GULF RESOURCE MANAGEMENT INC
- **Address:** 4811 Industrial Dr, New Iberia, LA, 70560-9125
- **NAICS:** 483211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Farmers State Bank & Trust Co.
- **Servicing:** Farmers State Bank & Trust Co. (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*