# PPP loan: ALAMEDA EAST OCEAN INC.
> **$492K** approved 02/06/2021 · Paid in Full · Loan `4787038403`
## Borrower
- **Name:** ALAMEDA EAST OCEAN INC.
- **Address:** 1713 Webster St, Alameda, CA, 94501-2135
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Gateway Bank, FSB
- **Servicing:** Gateway Bank, FSB (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*