# PPP loan: WATERTREE, INC.
> **$354K** approved 04/10/2020 · Paid in Full · Loan `1445487104`
## Borrower
- **Name:** WATERTREE, INC.
- **Address:** 2447 West Main St, RAPID CITY, SD, 57702-2421
- **NAICS:** 312112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Rent:** $21K
- **Jobs reported:** 31
## Lender
- **Originating:** BankWest, Inc
- **Servicing:** BankWest, Inc (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*