# PPP loan: CHRISTENSEN SHIPYARDS LLC
> **$420K** approved 03/10/2021 · Paid in Full · Loan `8534958506`
## Borrower
- **Name:** CHRISTENSEN SHIPYARDS LLC
- **Address:** 225 E 8th St, Chattanooga, TN, 37402-2200
- **NAICS:** 336611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $190K (45%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 12
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*