# PPP loan: SEABRING MARINE INDUSTRIES, INC.
> **$3.64M** approved 04/06/2020 · Paid in Full · Loan `5703797007`
## Borrower
- **Name:** SEABRING MARINE INDUSTRIES, INC.
- **Address:** 1579 SW 18TH ST, WILLISTON, FL, 32696-2477
- **NAICS:** 336612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.64M
- **Initial approval:** $3.64M
- **Forgiven:** $3.69M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.73M
- **Mortgage interest:** $455K
- **Utilities:** $455K
- **Jobs reported:** 413
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*