# PPP loan: SPENCER YACHTS, INC.NEEDS DELETED
> **$961K** approved 04/07/2020 · Paid in Full · Loan `7016817008`
## Borrower
- **Name:** SPENCER YACHTS, INC.NEEDS DELETED
- **Address:** 31 Beverly Drive, WANCHESE, NC, 27981-9652
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $967K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Jobs reported:** 133
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*