# PPP loan: WATSON SPENCE LLP
> **$559K** approved 04/06/2020 · Paid in Full · Loan `6025637010`
## Borrower
- **Name:** WATSON SPENCE LLP
- **Address:** 320 W RESIDENCE AVE, ALBANY, GA, 31701-2319
- **NAICS:** 922130
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Mortgage interest:** $84K
- **Utilities:** $28K
- **Jobs reported:** 33
## Lender
- **Originating:** Thomasville National Bank
- **Servicing:** Thomasville National Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*