# PPP loan: BLUE WATER DEVELOPMENT CORPORATION
> **$663K** approved 04/07/2020 · Paid in Full · Loan `6681617002`
## Borrower
- **Name:** BLUE WATER DEVELOPMENT CORPORATION
- **Address:** 9919 Stephen Decatur Hwy, OCEAN CITY, MD, 21842-9251
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $663K
- **Initial approval:** $663K
- **Forgiven:** $672K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $663K
- **Jobs reported:** 49
## 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*