# PPP loan: ISLANDS MARINE CENTER INC
> **$300K** approved 02/18/2021 · Paid in Full · Loan `1380748507`
## Borrower
- **Name:** ISLANDS MARINE CENTER INC
- **Address:** 2793 Fisherman Bay Rd, Lopez Island, WA, 98261-9575
- **NAICS:** 713930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $301K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*