# PPP loan: SHIPYARD MARINE, INC.
> **$174K** approved 04/05/2020 · Paid in Full · Loan `5286617008`
## Borrower
- **Name:** SHIPYARD MARINE, INC.
- **Address:** 780 LONGTAIL BEACH RD, SUAMICO, WI, 54173-8023
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $20K
- **Mortgage interest:** $2K
- **Utilities:** $13K
- **Jobs reported:** 15
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*