# PPP loan: CAROLINA OCEAN LINES, INC.
> **$201K** approved 04/08/2020 · Paid in Full · Loan `8125867005`
## Borrower
- **Name:** CAROLINA OCEAN LINES, INC.
- **Address:** 727 ARendell St, MOREHEAD CITY, NC, 28557-4214
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $267K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 7
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*