# PPP loan: WATERFALL GROUP, LTD.
> **$1.88M** approved 04/13/2020 · Paid in Full · Loan `5505327103`
## Borrower
- **Name:** WATERFALL GROUP, LTD.
- **Address:** 320 Dock Street, KETCHIKAN, AK, 99901-6408
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $790K
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 59
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*