# PPP loan: SEAWIDE MARINE DISTRIBUTION, INC.
> **$938K** approved 05/11/2020 · Paid in Full · Loan `5002827403`
## Borrower
- **Name:** SEAWIDE MARINE DISTRIBUTION, INC.
- **Address:** 41698 Eastman Drive, Murrieta, CA, 92562
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Forgiven:** $924K (99%)
- **Forgiveness date:** 12/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Health care:** $188K
- **Jobs reported:** 62
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*