# PPP loan: SOVEREIGN MARINE GROUP, INC.
> **$185K** approved 04/28/2020 · Paid in Full · Loan `7339337207`
## Borrower
- **Name:** SOVEREIGN MARINE GROUP, INC.
- **Address:** 250 SW MONTEREY BLVD, STUART, FL, 34994
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 20
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*