# PPP loan: WATERS & BROWN, INC.
> **$299K** approved 04/07/2020 · Paid in Full · Loan `6503067000`
## Borrower
- **Name:** WATERS & BROWN, INC.
- **Address:** 281 Derby Street/PO BOX 829, SALEM, MA, 01970-0829
- **NAICS:** 444120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $316K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 19
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*