# PPP loan: PORT IRON LTD
> **$199K** approved 04/12/2020 · Paid in Full · Loan `3890797100`
## Borrower
- **Name:** PORT IRON LTD
- **Address:** 300 W REV DR RANSOM HOWARD ST, PORT ARTHUR, TX, 77640-5165
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 16
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*