# PPP loan: NAUTICUS GROUP
> **$438K** approved 04/11/2020 · Exemption 4 · Loan `3467827110`
## Borrower
- **Name:** NAUTICUS GROUP
- **Address:** 14 COMMERCE DR suite 202, CRANFORD, NJ, 07016-3505
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $281K (64%)
- **Forgiveness date:** 07/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $438K
- **Jobs reported:** 18
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*