# PPP loan: BASIN MARINE INC.
> **$453K** approved 02/04/2021 · Paid in Full · Loan `3047068401`
## Borrower
- **Name:** BASIN MARINE INC.
- **Address:** 829 Harbor Island Dr, Newport Beach, CA, 92660-7235
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $453K
- **Jobs reported:** 30
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*