# PPP loan: LIBERTY MARITIME CORPORATION
> **$5.00M** approved 04/10/2020 · Paid in Full · Loan `1818507101`
## Borrower
- **Name:** LIBERTY MARITIME CORPORATION
- **Address:** 1979 Marcus Avenue Suite 200, Lake Success, NY, 11042-1059
- **NAICS:** 483111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.00M
- **Initial approval:** $5.00M
- **Forgiven:** $5.06M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Mortgage interest:** $25K
- **Utilities:** $50K
- **Health care:** $925K
- **Jobs reported:** 195
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*