# PPP loan: BBS HOLDINGS INC
> **$615K** approved 03/03/2021 · Paid in Full · Loan `6476548503`
## Borrower
- **Name:** BBS HOLDINGS INC
- **Address:** 1105 Atlantic Ave, Ocean City, MD, 21842-4179
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $620K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $615K
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** Calvin B. Taylor Banking Company
- **Servicing:** Calvin B. Taylor Banking Company (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*