# PPP loan: WATERMARK CONTRACTORS INC.
> **$392K** approved 01/21/2021 · Exemption 4 · Loan `3098458302`
## Borrower
- **Name:** WATERMARK CONTRACTORS INC.
- **Address:** 612 Corporate Way, Valley Cottage, NY, 10989-2021
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $364K (93%)
- **Forgiveness date:** 04/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $392K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*