# PPP loan: SHORECREST CONSTRUCTION, INC.
> **$232K** approved 04/14/2020 · Paid in Full · Loan `6545127101`
## Borrower
- **Name:** SHORECREST CONSTRUCTION, INC.
- **Address:** 48 NORTHWEST 25TH ST, UNIT 105, MIAMI, FL, 33127-4416
- **NAICS:** 236116
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 18
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*