# PPP loan: WILMINGTON SHIPPING COMPANY
> **$280K** approved 04/28/2021 · Paid in Full · Loan `3292648903`
## Borrower
- **Name:** WILMINGTON SHIPPING COMPANY
- **Address:** 330 Shipyard Blvd, Wilmington, NC, 28412-1837
- **NAICS:** 484110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*