# PPP loan: ERIE SHORELINE PROPERTIES, LLC
> **$425K** approved 04/05/2020 · Paid in Full · Loan `5077177000`
## Borrower
- **Name:** ERIE SHORELINE PROPERTIES, LLC
- **Address:** 2926 NE CATAWBA ROAD, PORT CLINTON, OH, 43452-3342
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $334K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Mortgage interest:** $85K
- **Utilities:** $85K
- **Jobs reported:** 50
## Lender
- **Originating:** The Croghan Colonial Bank
- **Servicing:** The Croghan Colonial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*