# PPP loan: WATERS EDGE DESIGNS, INC.
> **$251K** approved 04/15/2020 · Paid in Full · Loan `9233727109`
## Borrower
- **Name:** WATERS EDGE DESIGNS, INC.
- **Address:** PO BOX 659 5930 N Triple Crown Trail, OAKLEY, UT, 84055-0659
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $3K
- **Utilities:** $8K
- **Health care:** $9K
- **Debt interest:** $3K
- **Jobs reported:** 21
## Lender
- **Originating:** Cyprus Federal Credit Union
- **Servicing:** Cyprus Federal Credit Union (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*