# PPP loan: WAYPOINT WATERCREST SL, LLC
> **$205K** approved 04/28/2020 · Paid in Full · Loan `7506647204`
## Borrower
- **Name:** WAYPOINT WATERCREST SL, LLC
- **Address:** 285 SUMMERLIN BLVD, NEWNAN, GA, 30265-6299
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $10K
- **Jobs reported:** 36
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*