PPP Loan information for Watson insurance agency incorporated

$1,254,955

Watson insurance agency incorporated was initially approved for PPP Loan of amount $1,254,955, the current approved amount is $1,254,955. The loan was approved on 04/27/2020 by The SouthState Bank, National Association reported 54 jobs and $1,254,955 was used to fund payroll.

Watson insurance agency incorporated is Existing or more than 2 years old

PPP Loan Search / NC / GASTONIA / Watson insurance agency incorporated

WATSON INSURANCE AGENCY INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WATSON INSURANCE AGENCY INCORPORATED

Borrower Address

245 East Second Ave

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28052

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1254955.00

Current Approval Amount

1254955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28052-0001

CD

NC-14

Jobs Reported

54

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1254955.00

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

Subchapter S Corporation

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1264367.16

Forgiveness Date

02/02/2021

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