# PPP loan: OLD BAY STEAMER INC
> **$329K** approved 04/09/2020 · Paid in Full · Loan `9833017003`
## Borrower
- **Name:** OLD BAY STEAMER INC
- **Address:** 102 Santa Rosa Blvd., FORT WALTON BEACH, FL, 32548-6158
- **NAICS:** 722110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $298K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Jobs reported:** 32
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*