# PPP loan: WALDEMAR INC.
> **$647K** approved 01/22/2021 · Paid in Full · Loan `3531228305`
## Borrower
- **Name:** WALDEMAR INC.
- **Address:** 1005 FM 1340, Hunt, TX, 78024-3027
- **NAICS:** 721214
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $651K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $647K
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Security State Bank & Trust
- **Servicing:** Security State Bank & Trust (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*