# PPP loan: OCEANBAY LOGISTICS
> **$161K** approved 05/11/2020 · Charged Off · Loan `5117647408`
## Borrower
- **Name:** OCEANBAY LOGISTICS
- **Address:** 1515 Aurora Drive ste 203G, San Leandro, CA, 94577
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 14
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*