# PPP loan: BAHAMA BOAT WORKS, LLC
> **$507K** approved 06/03/2020 · Paid in Full · Loan `7181017803`
## Borrower
- **Name:** BAHAMA BOAT WORKS, LLC
- **Address:** 5490 DEXTER WAY, MANGONIA PARK, FL, 33407-2219
- **NAICS:** 336612
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $127K
- **Jobs reported:** 50
## Lender
- **Originating:** iTHINK Financial CU
- **Servicing:** iTHINK Financial CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*