# PPP loan: MARINE RESOURCES DEVELOPMENT FOUNDATION INC
> **$281K** approved 01/27/2021 · Paid in Full · Loan `6794078303`
## Borrower
- **Name:** MARINE RESOURCES DEVELOPMENT FOUNDATION INC
- **Address:** 51 Shoreland Dr, Key Largo, FL, 33037-4752
- **NAICS:** 721214
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First State Bank of the Florida Keys
- **Servicing:** First State Bank of the Florida Keys (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*