# PPP loan: WATERPROOFING SYSTEMS CORPORATION
> **$1.09M** approved 04/09/2020 · Paid in Full · Loan `8953007000`
## Borrower
- **Name:** WATERPROOFING SYSTEMS CORPORATION
- **Address:** 11901 Santa Monica Blvd #800, LOS ANGELES, CA, 90025-1222
- **NAICS:** 238390
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 180
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*