# PPP loan: THE WATERMARK GROUP, INC.
> **$409K** approved 04/11/2020 · Paid in Full · Loan `3504587110`
## Borrower
- **Name:** THE WATERMARK GROUP, INC.
- **Address:** 4271 GATECREST, SAN ANTONIO, TX, 78217-4807
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Mortgage interest:** $59K
- **Jobs reported:** 41
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*