# PPP loan: OUTBOARD RECYCLE PARTS AND MARINE, INC
> **$382K** approved 04/11/2020 · Paid in Full · Loan `3117137104`
## Borrower
- **Name:** OUTBOARD RECYCLE PARTS AND MARINE, INC
- **Address:** 7851 CRARY STATION RD, SEMMES, AL, 36575-6467
- **NAICS:** 333618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Rent:** $100K
- **Health care:** $11K
- **Jobs reported:** 26
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*