# PPP loan: BELLINGHAM MARINE INDUSTRIES, INC.
> **$4.32M** approved 04/13/2020 · Paid in Full · Loan `4813727102`
## Borrower
- **Name:** BELLINGHAM MARINE INDUSTRIES, INC.
- **Address:** 1323 Lincoln Street, BELLINGHAM, WA, 98229-6243
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.32M
- **Initial approval:** $4.32M
- **Forgiven:** $4.38M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.52M
- **Rent:** $200K
- **Utilities:** $600K
- **Jobs reported:** 225
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*