# PPP loan: THE SHORELINE CORPORATION
> **$517K** approved 04/13/2020 · Paid in Full · Loan `4312647104`
## Borrower
- **Name:** THE SHORELINE CORPORATION
- **Address:** 130 PROSPECT ST, CAMBRIDGE, MA, 02139-1813
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Utilities:** $129K
- **Jobs reported:** 42
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*