# PPP loan: SHORT'S MARINE, INC
> **$700K** approved 04/07/2020 · Paid in Full · Loan `7584727003`
## Borrower
- **Name:** SHORT'S MARINE, INC
- **Address:** 32415 Long Neck Road, MILLSBORO, DE, 19966-6671
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Rent:** $80K
- **Utilities:** $14K
- **Health care:** $35K
- **Debt interest:** $46K
- **Jobs reported:** 60
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*