# PPP loan: SOUTH COAST SHIPYARD, INC
> **$193K** approved 04/14/2020 · Paid in Full · Loan `6581107103`
## Borrower
- **Name:** SOUTH COAST SHIPYARD, INC
- **Address:** 223   21ST ST, NEWPORT BEACH, CA, 92663-4303
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 24
## Lender
- **Originating:** Tustin Community Bank
- **Servicing:** Tustin Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*