# PPP loan: CHRISTIAN BAY SHIPPING CO
> **$1.77M** approved 04/09/2020 · Exemption 4 · Loan `9346897001`
## Borrower
- **Name:** CHRISTIAN BAY SHIPPING CO
- **Address:** 5225 KATY FWY STE 690, HOUSTON, TX, 77007-2200
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $263K
- **Forgiven:** $248K (14%)
- **Forgiveness date:** 06/14/2023
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $1.77M
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*