PPP Loan information for Watts management

$419,400

Watts management was initially approved for PPP Loan of amount $419,400, the current approved amount is $419,400. The loan was approved on 04/10/2020 by The Blue Ridge Bank, National Association reported 32 jobs and $419,400 was used to fund payroll.

Watts management is Existing or more than 2 years old

WATTS MANAGEMENT

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WATTS MANAGEMENT

Borrower Address

11535 Fox Cross Rd

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-8055

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419400.00

Current Approval Amount

419400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-8055

CD

VA-01

Jobs Reported

32

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10800.00

Payroll Proceed

337000.00

Mortgage Interest Proceed

52000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422184.35

Forgiveness Date

12/10/2020

;