# PPP loan: SOUTHERN MARINAS, LLC
> **$1.18M** approved 04/07/2020 · Paid in Full · Loan `7611997010`
## Borrower
- **Name:** SOUTHERN MARINAS, LLC
- **Address:** 11760 US HIGHWAY 1 STE 102, NORTH PALM BEACH, FL, 33408-3003
- **NAICS:** 713930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 150
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*