# PPP loan: WATERMARK MEDICAL INC
> **$869K** approved 06/15/2021 · Paid in Full · Loan `1017309103`
## Borrower
- **Name:** WATERMARK MEDICAL INC
- **Address:** 1641 Worthington Rd Ste 430, West Palm Beach, FL, 33409-6707
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $869K
- **Initial approval:** $869K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 01/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $869K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*