# PPP loan: CROSBY DREDGING LLC
> **$2.62M** approved 04/10/2020 · Paid in Full · Loan `1646787107`
## Borrower
- **Name:** CROSBY DREDGING LLC
- **Address:** 17771 Highway 3235, GALLIANO, LA, 70354
- **NAICS:** 483113
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Utilities:** $655K
- **Jobs reported:** 154
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*