# PPP loan: TIDES MARINE, INC.
> **$248K** approved 05/01/2020 · Paid in Full · Loan `1553227703`
## Borrower
- **Name:** TIDES MARINE, INC.
- **Address:** 3251 SW 13TH DR SUITE A, DEERFIELD BEACH, FL, 33442
- **NAICS:** 332510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $36K
- **Utilities:** $3K
- **Health care:** $11K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*