# PPP loan: OCEAN CONSTRUCTION SERVICES, INC.
> **$538K** approved 04/07/2020 · Paid in Full · Loan `6504657002`
## Borrower
- **Name:** OCEAN CONSTRUCTION SERVICES, INC.
- **Address:** 104 Aragona Blvd Ste. 101, VIRGINIA BEACH, VA, 23462-2737
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 29
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*