# PPP loan: MARINE COATINGS & LININGS - SECOND DRAW
> **$320K** approved 04/21/2021 · Paid in Full · Loan `7230898802`
## Borrower
- **Name:** MARINE COATINGS & LININGS - SECOND DRAW
- **Address:** 638 Bayou Rd, Belle Chasse, LA, 70037-3186
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 28
## Lender
- **Originating:** The Paducah Bank and Trust Company
- **Servicing:** The Paducah Bank and Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*