# PPP loan: BAYWATCH INC.
> **$228K** approved 04/16/2020 · Exemption 4 · Loan `2647197201`
## Borrower
- **Name:** BAYWATCH INC.
- **Address:** 584 Washington street, Stoughton, MA, 02072
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $80K (35%)
- **Forgiveness date:** 01/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 61
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*