# PPP loan: BLUE OCEAN VENTURE HOLDINGS INC.
> **$1.99M** approved 02/12/2021 · Paid in Full · Loan `7480468402`
## Borrower
- **Name:** BLUE OCEAN VENTURE HOLDINGS INC.
- **Address:** 2999 Salinas Hwy Ste 1, Monterey, CA, 93940-5706
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.99M
- **Utilities:** $1
- **Jobs reported:** 138
## Lender
- **Originating:** Monterey County Bank
- **Servicing:** Monterey County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*