# PPP loan: MARINE AND INDUSTRIAL INSULATION INC
> **$159K** approved 03/23/2021 · Paid in Full · Loan `6959868608`
## Borrower
- **Name:** MARINE AND INDUSTRIAL INSULATION INC
- **Address:** 9501 Highway 955 E, Ethel, LA, 70730-4210
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 20
## 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*