# PPP loan: U. S. WATERPROOFING & CONSTRUCTION CO.
> **$2.49M** approved 04/04/2020 · Paid in Full · Loan `4954467002`
## Borrower
- **Name:** U. S. WATERPROOFING & CONSTRUCTION CO.
- **Address:** 5650 Meadowbrook, ROLLING MEADOWS, IL, 60008
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.49M
- **Initial approval:** $2.49M
- **Forgiven:** $2.52M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Rent:** $124K
- **Mortgage interest:** $124K
- **Utilities:** $124K
- **Health care:** $124K
- **Debt interest:** $124K
- **Jobs reported:** 180
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*