# PPP loan: OCEANS EDGE INC
> **$454K** approved 04/15/2020 · Paid in Full · Loan `1986387210`
## Borrower
- **Name:** OCEANS EDGE INC
- **Address:** 44050 Ashburn Shopping Pl Suite 195-622, Ashburn, VA, 20147
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $349K (77%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Health care:** $85K
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*