# PPP loan: GULF COAST TUGS INC.
> **$838K** approved 04/15/2020 · Paid in Full · Loan `9848717102`
## Borrower
- **Name:** GULF COAST TUGS INC.
- **Address:** 13982 West MAIN ST, LAROSE, LA, 70373-3009
- **NAICS:** 488330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $838K
- **Initial approval:** $838K
- **Forgiven:** $843K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $838K
- **Jobs reported:** 42
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*