# PPP loan: SEAFORD MACHINE WORKS, INC.
> **$167K** approved 05/14/2020 · Paid in Full · Loan `6356397407`
## Borrower
- **Name:** SEAFORD MACHINE WORKS, INC.
- **Address:** 1451 Middleford Road, SEAFORD, DE, 19973-9999
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 15
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*