# PPP loan: WATCH SYSTEMS LLC
> **$705K** approved 01/20/2021 · Paid in Full · Loan `2363528307`
## Borrower
- **Name:** WATCH SYSTEMS LLC
- **Address:** 516 E Rutland St, Covington, LA, 70433-3219
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $710K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $705K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*