# PPP loan: XERISCAPE WATERSYSTEMS INC
> **$1.10M** approved 04/09/2020 · Paid in Full · Loan `9698057000`
## Borrower
- **Name:** XERISCAPE WATERSYSTEMS INC
- **Address:** 15111 S MALLARD LN, FORT MYERS, FL, 33913-8233
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 115
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*