# PPP loan: NORTHROP AND JOHNSON YACHTS-SHIPS INC
> **$454K** approved 04/10/2020 · Paid in Full · Loan `1618977108`
## Borrower
- **Name:** NORTHROP AND JOHNSON YACHTS-SHIPS INC
- **Address:** 2015 SW 20TH ST  SUITE 200, FORT LAUDERDALE, FL, 33315-1826
- **NAICS:** 532284
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $458K
- **Forgiven:** $430K (95%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Jobs reported:** 32
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*