PPP Loan information for Watts inc

$72,977

Watts inc was initially approved for PPP Loan of amount $72,977, the current approved amount is $72,977. The loan was approved on 04/14/2020 by The First Horizon Bank reported 8 jobs and $72,977 was used to fund payroll.

Watts inc is Existing or more than 2 years old

WATTS INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WATTS INC

Borrower Address

6462 HIXSON PIKE

Borrower City

HIXSON

Borrower State

TN

Borrower Zip

37343-3040

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72977.00

Current Approval Amount

72977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIXSON

Project County Name

HAMILTON

Project State

TN

Project Zip

37343-3040

CD

TN-03

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2667.00

Payroll Proceed

58382.00

Mortgage Interest Proceed

0.00

Rent Proceed

11928.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73842.59

Forgiveness Date

06/30/2021

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