# PPP loan: WATSON CPA GROUP PLLC
> **$350K** approved 04/05/2020 · Paid in Full · Loan `5409957006`
## Borrower
- **Name:** WATSON CPA GROUP PLLC
- **Address:** 2393 FLYING HORSE CLUB DR, COLORADO SPRINGS, CO, 80921-7012
- **NAICS:** 541211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 11/13/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $32K
- **Utilities:** $62K
- **Debt interest:** $2K
- **Jobs reported:** 27
## Lender
- **Originating:** First National Bank Colorado
- **Servicing:** First National Bank Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*