# PPP loan: SHIPCO TRANSFER
> **$5.99M** approved 04/16/2020 · Paid in Full · Loan `2724737202`
## Borrower
- **Name:** SHIPCO TRANSFER
- **Address:** 80 WASHINGTON ST, HOBOKEN, NJ, 07920
- **NAICS:** 488510
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.99M
- **Initial approval:** $5.99M
- **Forgiven:** $6.06M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.99M
- **Jobs reported:** 426
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*