# PPP loan: WATER EQUIPMENT COMPANY
> **$171K** approved 04/07/2020 · Paid in Full · Loan `6707087008`
## Borrower
- **Name:** WATER EQUIPMENT COMPANY
- **Address:** 1335 BELLEFONTAINE AVE, LIMA, OH, 45804-3109
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Health care:** $42K
- **Jobs reported:** 16
## Lender
- **Originating:** The Citizens National Bank of Bluffton
- **Servicing:** The Citizens National Bank of Bluffton (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*