Watson Insurance Agency Incorporated

$1,254,955 PPP Loan in Gastonia, North Carolina

Loan Details

Loan Number
3909067203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,254,955
Current Approval
$1,254,955
Forgiveness Amount
$1,264,367
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watson Insurance Agency Incorporated
Address
245 East Second Ave
ZIP Code
28052
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$27.7M
Rural/Urban
Urban
Congressional District
NC-14

Loan Use Breakdown

Payroll
$1,254,955

Lender Information

Servicing Lender
Southstate Bank, National Association
Originating Lender
Southstate Bank, National Association

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