# PPP loan: NEW OCEAN LLC
> **$740K** approved 06/30/2020 · Paid in Full · Loan `6697128009`
## Borrower
- **Name:** NEW OCEAN LLC
- **Address:** 20 BLACKMER ST, NEW BEDFORD, MA, 02744-2614
- **NAICS:** 114111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $740K
- **Jobs reported:** 87
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*