# PPP loan: CLEARWATER UTILITIES, INC.
> **$5.08M** approved 04/15/2020 · Paid in Full · Loan `9266317100`
## Borrower
- **Name:** CLEARWATER UTILITIES, INC.
- **Address:** 22803 Schiel Rd, CYPRESS, TX, 77433-4262
- **NAICS:** 221310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.08M
- **Initial approval:** $5.08M
- **Forgiven:** $5.14M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.95M
- **Rent:** $61K
- **Mortgage interest:** $52K
- **Utilities:** $17K
- **Jobs reported:** 92
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*