PPP Loan information for Watson auto inc.

$42,800

Watson auto inc. was initially approved for PPP Loan of amount $42,800, the current approved amount is $42,800. The loan was approved on 04/06/2020 by The The National Bank of Blacksburg reported 5 jobs and $42,800 was used to fund payroll.

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

WATSON AUTO INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WATSON AUTO INC.

Borrower Address

1010 E Stuart Drive

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-2512

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

42800.00

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

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42800.00

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

43354.64

Forgiveness Date

08/02/2021

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