# PPP loan: BRIGHTWATERS RACQUET & SPA, INC.
> **$156K** approved 04/15/2020 · Paid in Full · Loan `9613377102`
## Borrower
- **Name:** BRIGHTWATERS RACQUET & SPA, INC.
- **Address:** 225 Howells Road, Bay Shore, NY, 11706
- **NAICS:** 713940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $135K (86%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $4K
- **Mortgage interest:** $6K
- **Utilities:** $17K
- **Jobs reported:** 68
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*