# PPP loan: J D WATSON &U ASSOCIATES
> **$327K** approved 04/10/2020 · Paid in Full · Loan `2355187109`
## Borrower
- **Name:** J D WATSON &U ASSOCIATES
- **Address:** 13189 Wallace Pike, BRISTOL, VA, 24202-3603
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $62K
- **Jobs reported:** 45
## Lender
- **Originating:** The Bank of Marion
- **Servicing:** The Bank of Marion (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*