PPP Loan information for Watts insurance agency inc

$32,872

Watts insurance agency inc was initially approved for PPP Loan of amount $32,872, the current approved amount is $32,872. The loan was approved on 04/14/2020 by The First Citizens Bank reported 4 jobs and $32,872 was used to fund payroll.

Watts insurance agency inc is Existing or more than 2 years old

PPP Loan Search / AL / LUVERNE / Watts insurance agency inc

WATTS INSURANCE AGENCY INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WATTS INSURANCE AGENCY INC

Borrower Address

PO BOX 187

Borrower City

LUVERNE

Borrower State

AL

Borrower Zip

36049-0187

Loan Status Date

02/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32872.00

Current Approval Amount

32872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2084

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

100 W Third St

Servicing Lender City

LUVERNE

Servicing Lender State

AL

Servicing Lender Zip

36049-1347

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

CRENSHAW

Project State

AL

Project Zip

36049-0187

CD

AL-02

Jobs Reported

4

NAICS Code

524126

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

6574.40

Payroll Proceed

26297.60

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

2084

Originating Lender

First Citizens Bank

Originating Lender City

LUVERNE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33063.75

Forgiveness Date

11/12/2020

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