# PPP loan: WATERCRAFT IRRIGATION INC.
> **$178K** approved 05/01/2020 · Paid in Full · Loan `2642507700`
## Borrower
- **Name:** WATERCRAFT IRRIGATION INC.
- **Address:** 173 north main 331, SAYVILLE, NY, 11782
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $15K
- **Utilities:** $3K
- **Jobs reported:** 8
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*