# PPP loan: WATCH SYSTEMS, LLC
> **$705K** approved 04/13/2020 · Paid in Full · Loan `5004687108`
## 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:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Jobs reported:** 46
## 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*