# PPP loan: ATLANTIC YACHT BASIN, INC.
> **$343K** approved 04/10/2020 · Paid in Full · Loan `2436047104`
## Borrower
- **Name:** ATLANTIC YACHT BASIN, INC.
- **Address:** 2615 Basin Road, CHESAPEAKE, VA, 23322-4012
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Jobs reported:** 41
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*