# PPP loan: GULF COAST EXPRESS CARRIERS, CORP
> **$1.32M** approved 04/04/2020 · Paid in Full · Loan `5009327006`
## Borrower
- **Name:** GULF COAST EXPRESS CARRIERS, CORP
- **Address:** 13919 RIVER RD, LULING, LA, 70070-6223
- **NAICS:** 484230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Rent:** $110K
- **Utilities:** $25K
- **Health care:** $70K
- **Debt interest:** $33K
- **Jobs reported:** 107
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*