# PPP loan: SEPRATECH CORP
> **$368K** approved 04/12/2020 · Paid in Full · Loan `3988547104`
## Borrower
- **Name:** SEPRATECH CORP
- **Address:** 3143 S Burnside Ave, GONZALES, LA, 70737-8104
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $373K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Utilities:** $92K
- **Jobs reported:** 24
## 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*