# PPP loan: CLEARWATER UTILITIES INC.
> **$2.00M** approved 03/25/2021 · Paid in Full · Loan `8592528602`
## Borrower
- **Name:** CLEARWATER UTILITIES INC.
- **Address:** 22803 Schiel Rd, Cypress, TX, 77433-4262
- **NAICS:** 221310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $1.29M
- **Forgiven:** $2.01M (100%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 101
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*