# PPP loan: DANVERSPORT YACHT CLUB LLC
> **$730K** approved 05/01/2020 · Paid in Full · Loan `3263937705`
## Borrower
- **Name:** DANVERSPORT YACHT CLUB LLC
- **Address:** 161 ELLIOTT ST, DANVERS, MA, 01923
- **NAICS:** 713930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $730K
- **Initial approval:** $730K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Utilities:** $182K
- **Jobs reported:** 83
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*