# PPP loan: GEARHART BY THE SEA, INC.
> **$158K** approved 04/28/2020 · Paid in Full · Loan `6696317205`
## Borrower
- **Name:** GEARHART BY THE SEA, INC.
- **Address:** 1157 N Marion, SEASIDE, OR, 97138
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $14K
- **Utilities:** $377
- **Health care:** $11K
- **Jobs reported:** 39
## Lender
- **Originating:** Lewis & Clark Bank
- **Servicing:** Lewis & Clark Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*