# PPP loan: SWANSEA LOUNGE INC
> **$344K** approved 04/07/2020 · Paid in Full · Loan `6816567009`
## Borrower
- **Name:** SWANSEA LOUNGE INC
- **Address:** 75 GAR Highway, SWANSEA, MA, 02777-3214
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $337K (98%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 88
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*