# PPP loan: WATERPROOFING SYSTEMS CORP.
> **$1.13M** approved 02/05/2021 · Paid in Full · Loan `3498298410`
## Borrower
- **Name:** WATERPROOFING SYSTEMS CORP.
- **Address:** 11901 Santa Monica Blvd Ste 800, Los Angeles, CA, 90025-2767
- **NAICS:** 238390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $1
- **Jobs reported:** 180
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*