# PPP loan: CALABASH NAUTICAL GIFT SHOP INC
> **$372K** approved 04/10/2020 · Paid in Full · Loan `1937657103`
## Borrower
- **Name:** CALABASH NAUTICAL GIFT SHOP INC
- **Address:** 9973 BEACH DR, CALABASH, NC, 28467-2711
- **NAICS:** 453220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 71
## Lender
- **Originating:** South Atlantic Bank
- **Servicing:** South Atlantic Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*