# PPP loan: OCEAN DRUG, INC.
> **$1.53M** approved 04/10/2020 · Paid in Full · Loan `2347997105`
## Borrower
- **Name:** OCEAN DRUG, INC.
- **Address:** 17071 Ventura Boulevard, Ste 100 0.0, Encino, CA, 91316-4117
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Mortgage interest:** $381K
- **Jobs reported:** 81
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*