# PPP loan: DANN MARINE TOWING, LC
> **$3.15M** approved 04/15/2020 · Paid in Full · Loan `8486487102`
## Borrower
- **Name:** DANN MARINE TOWING, LC
- **Address:** 299 Boat Yard Road, Chesapeake City, MD, 21915
- **NAICS:** 483114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.18M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Debt interest:** $787K
- **Jobs reported:** 186
## 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*