# PPP loan: CANAL SEAFOOD COMPANY, INC
> **$737K** approved 04/08/2020 · Paid in Full · Loan `8097987008`
## Borrower
- **Name:** CANAL SEAFOOD COMPANY, INC
- **Address:** 20 FREEZER RD, SANDWICH, MA, 02563-1826
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $739K
- **Forgiven:** $745K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $737K
- **Jobs reported:** 60
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*