# PPP loan: OCEAN TERMINAL SERVICES
> **$5.39M** approved 05/01/2020 · Exemption 4 · Loan `4565797700`
## Borrower
- **Name:** OCEAN TERMINAL SERVICES
- **Address:** 2500 VIA CABRILLO MARINA SUITE 300, SAN PEDRO, CA, 90731
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.39M
- **Initial approval:** $5.39M
- **Forgiven:** $3.76M (70%)
- **Forgiveness date:** 03/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.39M
- **Jobs reported:** 84
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*