Watson's Petroleum Equipment
$388,400 PPP Loan in Hampton, Virginia
Loan Details
- Loan Number
- 2916517200
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $388,400
- Current Approval
- $388,400
- Forgiveness Amount
- $391,960
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Watson's Petroleum Equipment
- Address
- 2605 Build America Dr
- City
- Hampton
- State
- Virginia
- ZIP Code
- 23666-3224
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (486910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.6M
- Rural/Urban
- Urban
- Congressional District
- VA-03
Loan Use Breakdown
- Payroll
- $348,000
- Rent
- $31,294
- Utilities
- $9,106
Lender Information
- Servicing Lender
- The Old Point National Bank of Phoebus
- Originating Lender
- The Old Point National Bank of Phoebus
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