# PPP loan: BLUE WATER INNOVATION, LLC
> **$253K** approved 04/28/2020 · Paid in Full · Loan `1925167308`
## Borrower
- **Name:** BLUE WATER INNOVATION, LLC
- **Address:** 6464  Staunton Rd P.O. Box 617, HAMEL, IL, 62046
- **NAICS:** 454390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $63K
- **Jobs reported:** 21
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*