# PPP loan: YACHT MANAGEMENT GROUP II INC
> **$172K** approved 05/20/2020 · Paid in Full · Loan `9549827405`
## Borrower
- **Name:** YACHT MANAGEMENT GROUP II INC
- **Address:** 850 Northeast 3rd Street, Dania Beach, FL, 33004-3402
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $171K (99%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*