# PPP loan: IMPERIAL YACHT CLUB INC.
> **$159K** approved 01/20/2021 · Paid in Full · Loan `2453418302`
## Borrower
- **Name:** IMPERIAL YACHT CLUB INC.
- **Address:** 583 Davenport Ave, New Rochelle, NY, 10805-2119
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 01/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*