# PPP loan: SOUTHPORT YACHTS LLC
> **$461K** approved 02/12/2021 · Paid in Full · Loan `7664558410`
## Borrower
- **Name:** SOUTHPORT YACHTS LLC
- **Address:** 650 River Ave, S Gardiner, ME, 04359-3001
- **NAICS:** 336612
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $461K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*