# PPP loan: NEW BEDFORD YACHT CLUB
> **$253K** approved 03/27/2021 · Paid in Full · Loan `1851798704`
## Borrower
- **Name:** NEW BEDFORD YACHT CLUB
- **Address:** 208 Elm St, South Dartmouth, MA, 02748-3420
- **NAICS:** 713930
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 123
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*