ADRIATIC MARINE LLC (LA) - 2020 PPP Loan Borrower Profile (# 6701738901)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADRIATIC MARINE LLC. 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 Louisiana.

Loan Detail

Loan Number

6701738901

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

May 2, 2021

Amount Forgiven

$2,021,444.44

Date Loan was Forgiven

May 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,996

Lender

Hancock Whitney Bank

Business Detail

Business Type

Partnership

NAICS

213112

Borrower Location

RACELAND, LA

Project Location

RACELAND, LA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

231

Business Age Description

Existing or more than 2 years old

Data Source: SBA.