# PPP loan: CYCLE MARINE GROUP INC
> **$261K** approved 03/02/2021 · Paid in Full · Loan `6019538505`
## Borrower
- **Name:** CYCLE MARINE GROUP INC
- **Address:** 6 E 3rd St, Kenner, LA, 70062-7025
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*