# PPP loan: GULF STATES ENGINEERING CO INC
> **$651K** approved 04/11/2020 · Paid in Full · Loan `2773937101`
## Borrower
- **Name:** GULF STATES ENGINEERING CO INC
- **Address:** 17961 PAINTERS ROW, COVINGTON, LA, 70435-5696
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $651K
- **Initial approval:** $651K
- **Forgiven:** $655K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $651K
- **Jobs reported:** 40
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*