PPP Loan information for Watson auto inc.

$42,885

Watson auto inc. was initially approved for PPP Loan of amount $42,885, the current approved amount is $42,885. The loan was approved on 02/25/2021 by The The National Bank of Blacksburg reported 3 jobs and $42,885 was used to fund payroll.

Watson auto inc. is Existing or more than 2 years old

PPP Loan Search / VA / Galax / Watson auto inc.

WATSON AUTO INC.

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WATSON AUTO INC.

Borrower Address

1010 E Stuart Dr

Borrower City

Galax

Borrower State

VA

Borrower Zip

24333-2512

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42885.00

Current Approval Amount

42885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Galax

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-2512

CD

VA-09

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42882.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43203.41

Forgiveness Date

11/26/2021

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