# PPP loan: WATSON ROCKFORD LLC
> **$215K** approved 04/06/2020 · Paid in Full · Loan `6384627009`
## Borrower
- **Name:** WATSON ROCKFORD LLC
- **Address:** 4395 14 Mile Road, ROCKFORD, MI, 49341-7838
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $30K
- **Utilities:** $6K
- **Health care:** $4K
- **Debt interest:** $11K
- **Jobs reported:** 19
## Lender
- **Originating:** Honor Bank
- **Servicing:** Honor Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*