PPP Loan information for Watkins insurance agency, inc.

$212,848

Watkins insurance agency, inc. was initially approved for PPP Loan of amount $212,848, the current approved amount is $212,848. The loan was approved on 04/07/2020 by The Benchmark Community Bank reported 16 jobs and $212,848 was used to fund payroll.

Watkins insurance agency, inc. is New Business or 2 years or less

PPP Loan Search / VA / SOUTH HILL / Watkins insurance agency, inc.

WATKINS INSURANCE AGENCY, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WATKINS INSURANCE AGENCY, INC.

Borrower Address

133 N Mecklenburg Ave

Borrower City

SOUTH HILL

Borrower State

VA

Borrower Zip

23970-2045

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212847.60

Current Approval Amount

212847.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTH HILL

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-2045

CD

VA-05

Jobs Reported

16

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26605.95

Payroll Proceed

159635.70

Mortgage Interest Proceed

26605.95

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214025.55

Forgiveness Date

11/03/2020

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