# PPP loan: NISBET OYSTER CO INC
> **$501K** approved 04/14/2020 · Paid in Full · Loan `7918877101`
## Borrower
- **Name:** NISBET OYSTER CO INC
- **Address:** 7081 State Route 101, BAY CENTER, WA, 98527
- **NAICS:** 311710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $640K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 72
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*