# PPP loan: SOUTHWEST SHIPYARD LP
> **$9.74M** approved 04/05/2020 · Paid in Full · Loan `5475787001`
## Borrower
- **Name:** SOUTHWEST SHIPYARD LP
- **Address:** 18310 MARKET ST, CHANNELVIEW, TX, 77530-3858
- **NAICS:** 336611
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $9.74M
- **Initial approval:** $8.78M
- **Forgiven:** $9.89M (102%)
- **Forgiveness date:** 11/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $9.74M
- **Jobs reported:** 500
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*