# PPP loan: DENNIS SHIPPING CO., INC.
> **$182K** approved 05/11/2020 · Paid in Full · Loan `5197127404`
## Borrower
- **Name:** DENNIS SHIPPING CO., INC.
- **Address:** 1124 UTICA AVENUE, BROOKLYN, NY, 11203
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 20
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*