# PPP loan: GULF ATLANTIC CONSTRUCTION AND MARINE
> **$189K** approved 04/07/2020 · Paid in Full · Loan `7075127002`
## Borrower
- **Name:** GULF ATLANTIC CONSTRUCTION AND MARINE
- **Address:** 6721 OLD ROCK RD, THEODORE, AL, 36582-2005
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $23K
- **Jobs reported:** 14
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*