# PPP loan: WATERLOO RECORDS & VIDEO INC
> **$214K** approved 04/28/2020 · Paid in Full · Loan `8830977205`
## Borrower
- **Name:** WATERLOO RECORDS & VIDEO INC
- **Address:** 600 N Lamar Blvd. Suite A, AUSTIN, TX, 78703
- **NAICS:** 451140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $54K
- **Jobs reported:** 36
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*