# PPP loan: CRAB HOUSE OF OCEAN CITY, INC..
> **$399K** approved 05/19/2020 · Paid in Full · Loan `8734207404`
## Borrower
- **Name:** CRAB HOUSE OF OCEAN CITY, INC..
- **Address:** 3102 PHILADELPHIA AVE, OCEAN CITY, MD, 21842-3566
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 103
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*