# PPP loan: GULF COAST COMPOSITE MARINE, INC
> **$161K** approved 04/15/2020 · Paid in Full · Loan `8133087105`
## Borrower
- **Name:** GULF COAST COMPOSITE MARINE, INC
- **Address:** 2301 ANDERS LN, KEMAH, TX, 77565-3262
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $17K
- **Utilities:** $6K
- **Debt interest:** $9K
- **Jobs reported:** 16
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*