# PPP loan: OCEAN TOWER CONSTRUCTION LLC
> **$318K** approved 01/21/2021 · Paid in Full · Loan `3102898309`
## Borrower
- **Name:** OCEAN TOWER CONSTRUCTION LLC
- **Address:** 34407 DuPont Blvd Unit 3, Frankford, DE, 19945-3886
- **NAICS:** 238390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 33
## Lender
- **Originating:** The Farmers Bank of Willards
- **Servicing:** The Farmers Bank of Willards (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*