#1 BOAT REPAIR INC. (FL) - 2020 PPP Loan Borrower Profile (# 8161677407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to #1 BOAT REPAIR INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Florida.

Loan Detail

Loan Number

8161677407

SBA Office Code

0455

Processing Method

PPP

Curent Loan Amount

$10,900

Date Loan was Approved

May 18, 2020

Amount Forgiven

$10,954.19

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,175

Rent Proceed

2,725

Lender

First Bank

Business Detail

Business Type

Corporation

NAICS

811490

Borrower Location

LaBelle, FL

Project Location

LaBelle, FL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.