# PPP loan: MARINE FAB & REPAIR INC
> **$256K** approved 04/13/2020 · Paid in Full · Loan `4591017105`
## Borrower
- **Name:** MARINE FAB & REPAIR INC
- **Address:** 211 VENTURE BLVD, HOUMA, LA, 70360-7902
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $11K
- **Health care:** $6K
- **Jobs reported:** 20
## Lender
- **Originating:** Synergy Bank
- **Servicing:** Synergy Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*