# PPP loan: F & S YACHTS LLC
> **$215K** approved 05/01/2020 · Charged Off · Loan `7585997702`
## Borrower
- **Name:** F & S YACHTS LLC
- **Address:** 353 SUMMIT POINTE CIR, BEAR, DE, 19701-2604
- **NAICS:** 713930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $180K (84%)
- **Forgiveness date:** 08/12/2021
- **Status:** Charged Off
- **Term:** 14 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 18
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*