# PPP loan: WATERWORKS BOARD OF THE TOWN OF SECTION & DUTTON
> **$330K** approved 04/29/2020 · Paid in Full · Loan `4377737304`
## Borrower
- **Name:** WATERWORKS BOARD OF THE TOWN OF SECTION & DUTTON
- **Address:** 87 CIRCLE DRIVE, RAINSVILLE, AL, 35986-1159
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $65K
- **Jobs reported:** 29
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*