# PPP loan: WATER SPORTS MANAGEMENT INC.
> **$263K** approved 01/23/2021 · Paid in Full · Loan `4716088301`
## Borrower
- **Name:** WATER SPORTS MANAGEMENT INC.
- **Address:** 13245 Lake Bryan Dr, Windermere, FL, 34786
- **NAICS:** 722320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Cogent Bank
- **Servicing:** Cogent Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*