# PPP loan: WATERPLACE HOTEL LLC
> **$509K** approved 04/10/2020 · Paid in Full · Loan `2507057105`
## Borrower
- **Name:** WATERPLACE HOTEL LLC
- **Address:** 1028 13th St, EVERETT, WA, 98201-1650
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $514K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Utilities:** $127K
- **Jobs reported:** 48
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*