# PPP loan: OCEAN BLUE EXPRESS, INC.
> **$616K** approved 04/09/2020 · Paid in Full · Loan `9015227005`
## Borrower
- **Name:** OCEAN BLUE EXPRESS, INC.
- **Address:** 255 W. VICTORIA ST, COMPTON, CA, 90220-6042
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $702K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Rent:** $92K
- **Utilities:** $62K
- **Jobs reported:** 51
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*