# PPP loan: WATERSHED DEVELOPMENT CORPORATION
> **$579K** approved 04/15/2020 · Paid in Full · Loan `1286507208`
## Borrower
- **Name:** WATERSHED DEVELOPMENT CORPORATION
- **Address:** 28835 HERKY DR N, LAKE BLUFF, IL, 60044
- **NAICS:** 443141
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 64
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*