# PPP loan: SOUTH JERSEY MARINA INC.
> **$221K** approved 02/26/2021 · Paid in Full · Loan `4772778508`
## Borrower
- **Name:** SOUTH JERSEY MARINA INC.
- **Address:** 1231 Route 109, Cape May, NJ, 08204-5234
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Sturdy Savings Bank
- **Servicing:** Sturdy Savings Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*