# PPP loan: PEMCO-NAVAL ENGINERRING WORK, INC.
> **$461K** approved 04/08/2020 · Paid in Full · Loan `8329567000`
## Borrower
- **Name:** PEMCO-NAVAL ENGINERRING WORK, INC.
- **Address:** 3614 FREDERIC ST, PASCAGOULA, MS, 39567-3136
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Utilities:** $65K
- **Health care:** $25K
- **Jobs reported:** 50
## 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*