PPP Loan information for Watts petroleum corp

$431,900

Watts petroleum corp was initially approved for PPP Loan of amount $431,900, the current approved amount is $431,900. The loan was approved on 04/30/2020 by The Truist Bank reported 41 jobs and $431,900 was used to fund payroll.

Watts petroleum corp is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Watts petroleum corp

WATTS PETROLEUM CORP

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WATTS PETROLEUM CORP

Borrower Address

1505 Rutherford Street

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24501

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431900.00

Current Approval Amount

431900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-0001

CD

VA-05

Jobs Reported

41

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436302.98

Forgiveness Date

05/11/2021

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