# PPP loan: ALAMEDA EAST OCEAN
> **$351K** approved 04/27/2020 · Paid in Full · Loan `5042767207`
## Borrower
- **Name:** ALAMEDA EAST OCEAN
- **Address:** 501 Centre Court, Alameda, CA, 94502-2117
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 60
## 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*