# PPP loan: AQUA-AID INC.
> **$287K** approved 04/05/2020 · Paid in Full · Loan `5147247004`
## Borrower
- **Name:** AQUA-AID INC.
- **Address:** 5484 S OLD CARRIAGE RD, ROCKY MOUNT, NC, 27803-8372
- **NAICS:** 115112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $54K
- **Utilities:** $3K
- **Jobs reported:** 13
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*