# PPP loan: BLUEWATER DEFENSE, INC.
> **$2.20M** approved 04/08/2020 · Paid in Full · Loan `8621017007`
## Borrower
- **Name:** BLUEWATER DEFENSE, INC.
- **Address:** Bo. Cibuco Road 159 Km 13.5, COROZAL, PR, 00783
- **NAICS:** 315210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.10M
- **Rent:** $35K
- **Utilities:** $62K
- **Jobs reported:** 500
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*