# PPP loan: SOCATEAN, LLC
> **$194K** approved 06/29/2020 · Paid in Full · Loan `6129048000`
## Borrower
- **Name:** SOCATEAN, LLC
- **Address:** 14 Hervey Tichon Avenue, NEW BEDFORD, MA, 02740-7348
- **NAICS:** 114112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 32
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*