# PPP loan: NANTUCKET MARINE, INC
> **$195K** approved 04/07/2020 · Paid in Full · Loan `6850857006`
## Borrower
- **Name:** NANTUCKET MARINE, INC
- **Address:** 14 Sun Island Road, NANTUCKET, MA, 02554
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $35K
- **Mortgage interest:** $14K
- **Utilities:** $6K
- **Jobs reported:** 12
## Lender
- **Originating:** The Cape Cod Five Cents Savings Bank
- **Servicing:** The Cape Cod Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*