# PPP loan: FIGURE EIGHT ISLAND YACHT CLUB INC
> **$274K** approved 04/11/2020 · Paid in Full · Loan `2708097102`
## Borrower
- **Name:** FIGURE EIGHT ISLAND YACHT CLUB INC
- **Address:** 15 Bridge Rd, WILMINGTON, NC, 28411-9253
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 40
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*