# PPP loan: ATLANTIC BOATS INC
> **$272K** approved 04/10/2020 · Paid in Full · Loan `1355537102`
## Borrower
- **Name:** ATLANTIC BOATS INC
- **Address:** 2820 Cranberry Highway, WAREHAM, MA, 02571-1047
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 28
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*