# PPP loan: CENTRAL GULF TOWING LLC
> **$460K** approved 04/09/2020 · Paid in Full · Loan `9900077000`
## Borrower
- **Name:** CENTRAL GULF TOWING LLC
- **Address:** 14561 West Main, CUT OFF, LA, 70345-3203
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Rent:** $1K
- **Utilities:** $5K
- **Debt interest:** $6K
- **Jobs reported:** 24
## 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*