# PPP loan: DOUGLAS MARINE CORPORATION
> **$328K** approved 04/28/2020 · Paid in Full · Loan `1237007302`
## Borrower
- **Name:** DOUGLAS MARINE CORPORATION
- **Address:** 6780 Enterprise Dr, Douglas, MI, 49406
- **NAICS:** 336612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 33
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*