# PPP loan: MCMILLEN YACHTS, INC.
> **$363K** approved 04/07/2020 · Paid in Full · Loan `6777487005`
## Borrower
- **Name:** MCMILLEN YACHTS, INC.
- **Address:** 1 Bannisters Wharf, NEWPORT, RI, 02840-3052
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Jobs reported:** 31
## Lender
- **Originating:** First Federal Bank
- **Servicing:** First Federal Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*