# PPP loan: INSURANCE UNDERWRITERS LIMITED
> **$699K** approved 04/12/2020 · Paid in Full · Loan `3925717110`
## Borrower
- **Name:** INSURANCE UNDERWRITERS LIMITED
- **Address:** 2610 Edenborn Ave, METAIRIE, LA, 70002-7016
- **NAICS:** 524128
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $699K
- **Initial approval:** $699K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Utilities:** $175K
- **Jobs reported:** 42
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*