# PPP loan: COLONY MARINE SALES AND SERVICE  INC.
> **$530K** approved 02/02/2021 · Paid in Full · Loan `1721738405`
## Borrower
- **Name:** COLONY MARINE SALES AND SERVICE  INC.
- **Address:** 24530 Jefferson Ave, Saint Clair Shores, MI, 48080-1326
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $534K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $530K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*