# PPP loan: WATTS GROUP, INC
> **$260K** approved 04/07/2020 · Paid in Full · Loan `7047927009`
## Borrower
- **Name:** WATTS GROUP, INC
- **Address:** 425 E OAKDALE BLVD, CORALVILLE, IA, 52241-3404
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 17
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*