# PPP loan: ANGEL WATER, INC.
> **$489K** approved 04/09/2020 · Paid in Full · Loan `8852737008`
## Borrower
- **Name:** ANGEL WATER, INC.
- **Address:** 28214 W NORTHWEST HWY, LAKE BARRINGTON, IL, 60010-2324
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Rent:** $73K
- **Utilities:** $24K
- **Jobs reported:** 52
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*