# PPP loan: WATKINS INSURANCE AGENCY, INC.
> **$213K** approved 04/07/2020 · Paid in Full · Loan `6865887007`
## Borrower
- **Name:** WATKINS INSURANCE AGENCY, INC.
- **Address:** 133 N Mecklenburg Ave, SOUTH HILL, VA, 23970-2045
- **NAICS:** 524126
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Jobs reported:** 16
## Lender
- **Originating:** Benchmark Community Bank
- **Servicing:** Benchmark Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*