# PPP loan: GULF COPPER & MFGR. CORP.
> **$6.57M** approved 04/15/2020 · Paid in Full · Loan `1740037210`
## Borrower
- **Name:** GULF COPPER & MFGR. CORP.
- **Address:** 5700 Procter St Ext, PORT ARTHUR, TX, 77642
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.57M
- **Initial approval:** $6.57M
- **Forgiven:** $6.75M (103%)
- **Forgiveness date:** 02/02/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.93M
- **Rent:** $821K
- **Utilities:** $821K
- **Jobs reported:** 461
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*