# PPP loan: 4OCEAN PUBLIC BENEFIT CORPORATION
> **$1.75M** approved 02/24/2021 · Exemption 4 · Loan `3869858510`
## Borrower
- **Name:** 4OCEAN PUBLIC BENEFIT CORPORATION
- **Address:** 3600 Fau Blvd, Boca Raton, FL, 33431-6474
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.64M (94%)
- **Forgiveness date:** 02/08/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.75M
- **Utilities:** $1
- **Jobs reported:** 122
## Lender
- **Originating:** Credit Human Federal Credit Union
- **Servicing:** Credit Human Federal Credit Union (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*