# PPP loan: STATEN ISLAND YACHT SALES INC.
> **$503K** approved 01/22/2021 · Paid in Full · Loan `4120938306`
## Borrower
- **Name:** STATEN ISLAND YACHT SALES INC.
- **Address:** 222 Mansion Ave, Staten Island, NY, 10308-3409
- **NAICS:** 441222
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*