# PPP loan: JAMES J. FLANAGAN SHIPPING CORPORATION
> **$955K** approved 04/07/2020 · Paid in Full · Loan `7073397009`
## Borrower
- **Name:** JAMES J. FLANAGAN SHIPPING CORPORATION
- **Address:** 595 ORLEANS ST, BEAUMONT, TX, 77701-3200
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $974K (102%)
- **Forgiveness date:** 03/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $716K
- **Mortgage interest:** $119K
- **Utilities:** $119K
- **Jobs reported:** 125
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*