# PPP loan: JEFFERSON BEACH YACHT SALES, INC.
> **$470K** approved 04/10/2020 · Paid in Full · Loan `1881377102`
## Borrower
- **Name:** JEFFERSON BEACH YACHT SALES, INC.
- **Address:** 24400 JEFFERSON AVE, SAINT CLAIR SHORES, MI, 48080-1325
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 35
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*