Intracoastal Iron Works, Inc.

$500,000 PPP Loan in Bourg, Louisiana

Loan Details

Loan Number
4628877110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$506,208
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Intracoastal Iron Works, Inc.
Address
149 Bourg Larose Hwy
City
Bourg
ZIP Code
70343-5207
Business Type
Corporation
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$472,000
Rent
$20,000
Utilities
$8,000

Lender Information

Servicing Lender
Synergy Bank
Originating Lender
Synergy Bank

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