# PPP loan: UNDERWATER CONSTRUCTION CORPORATION
> **$3.58M** approved 04/15/2020 · Paid in Full · Loan `1825397201`
## Borrower
- **Name:** UNDERWATER CONSTRUCTION CORPORATION
- **Address:** 110 PLAINS RD, ESSEX, CT, 06426-1501
- **NAICS:** 237990
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.58M
- **Initial approval:** $3.58M
- **Forgiven:** $3.62M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.58M
- **Jobs reported:** 224
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*