# PPP loan: JIM'S MARINE AND TRAVEL, INC.
> **$400K** approved 04/15/2020 · Paid in Full · Loan `8209987101`
## Borrower
- **Name:** JIM'S MARINE AND TRAVEL, INC.
- **Address:** 67 Sacketts Creek Road, Nichols, NY, 13812
- **NAICS:** 441210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $39K
- **Health care:** $10K
- **Debt interest:** $31K
- **Jobs reported:** 37
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*