ALLIED SHIPYARD INC (LA) - 2020 PPP Loan Borrower Profile (# 1381518401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED SHIPYARD 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 Louisiana.

Loan Detail

Loan Number

1381518401

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$493,410.65

Date Loan was Approved

Feb 1, 2021

Amount Forgiven

$499,304.17

Date Loan was Forgiven

Apr 18, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

493,410.65

Lender

United Community Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

336611

Borrower Location

Larose, LA

Project Location

Larose, LA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.