# PPP loan: MATTHEWS BROTHERS DREDGING, INC
> **$606K** approved 06/24/2020 · Paid in Full · Loan `3088978007`
## Borrower
- **Name:** MATTHEWS BROTHERS DREDGING, INC
- **Address:** 455 FLEITAS AVE, PASS CHRISTIAN, MS, 39571-2807
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $610K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $546K
- **Utilities:** $60K
- **Jobs reported:** 38
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*