# PPP loan: WALTERS MARINE CONSTRUCTION INC.
> **$450K** approved 01/29/2021 · Paid in Full · Loan `8463168300`
## Borrower
- **Name:** WALTERS MARINE CONSTRUCTION INC.
- **Address:** 414 Woodbine Ocean View Rd, Ocean View, NJ, 08230-2007
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $450K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Sturdy Savings Bank
- **Servicing:** Sturdy Savings Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*