PPP Loan information for Watson insurance agency inc

$190,300

Watson insurance agency inc was initially approved for PPP Loan of amount $190,300, the current approved amount is $190,300. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 19 jobs and $190,300 was used to fund payroll.

Watson insurance agency inc is New Business or 2 years or less

WATSON INSURANCE AGENCY INC

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WATSON INSURANCE AGENCY INC

Borrower Address

102 N Alabama Ave

Borrower City

Chesnee

Borrower State

SC

Borrower Zip

29323

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190300.00

Current Approval Amount

190300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Chesnee

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29323-0001

CD

SC-05

Jobs Reported

19

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190300.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191467.87

Forgiveness Date

12/22/2020

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