# PPP loan: AL LARSON BOAT SHOP
> **$1.13M** approved 04/14/2020 · Paid in Full · Loan `5748557107`
## Borrower
- **Name:** AL LARSON BOAT SHOP
- **Address:** 1046 S SEASIDE AVE, SAN PEDRO, CA, 90731-7334
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 90
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*