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Watts Petroleum Corp

$431,900 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
5050967306
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$431,900
Current Approval
$431,900
Forgiveness Amount
$436,303
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watts Petroleum Corp
Address
1505 Rutherford Street
City
Lynchburg
State
Virginia
ZIP Code
24501
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$431,900

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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