# PPP loan: POSEIDON BARGE LTD.
> **$1.22M** approved 04/07/2020 · Paid in Full · Loan `7287007003`
## Borrower
- **Name:** POSEIDON BARGE LTD.
- **Address:** 725 E PARR RD, BERNE, IN, 46711-1270
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $62K
- **Utilities:** $33K
- **Jobs reported:** 91
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*