# PPP loan: EDENTON BOATWORKS, LLC
> **$576K** approved 04/29/2020 · Paid in Full · Loan `2870087304`
## Borrower
- **Name:** EDENTON BOATWORKS, LLC
- **Address:** 140 Midway Drive, EDENTON, NC, 27932
- **NAICS:** 336612
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $585K (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Mortgage interest:** $25K
- **Utilities:** $17K
- **Jobs reported:** 65
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*