Shallow Water Equipment LLC
$343,800 PPP Loan in Morgan City, Louisiana
Loan Details
- Loan Number
- 4328717106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $343,800
- Current Approval
- $343,800
- Forgiveness Amount
- $346,092
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Shallow Water Equipment LLC
- Address
- 1052 Lake Palourde Rd
- City
- Morgan City
- State
- Louisiana
- ZIP Code
- 70380-6300
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $7.5M
- Rural/Urban
- Urban
- Congressional District
- LA-06
Loan Use Breakdown
- Payroll
- $289,273
- Rent
- $9,400
- Utilities
- $8,729
- Health Care
- $21,683
- Mortgage Interest
- $2,199
- Debt Interest
- $12,516
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Morgan City, LA
| Business | Approved | |
|---|---|---|
| Conrad Industries, Inc. | $8,091,000 | |
| Allison Marine Holdings LLC | $5,074,863 | |
| B & G Food Enterprises INC | $3,957,400 | |
| B&g Food Enterprises of Texas, LLC | $3,459,700 | |
| Gulf South Services, Inc. | $2,379,800 |
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