# PPP loan: WATSON METALS LLC
> **$231K** approved 04/14/2020 · Paid in Full · Loan `7082987109`
## Borrower
- **Name:** WATSON METALS LLC
- **Address:** 238 INTERSTATE DR, MANCHESTER, TN, 37355-3109
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Mortgage interest:** $46K
- **Utilities:** $10K
- **Jobs reported:** 21
## Lender
- **Originating:** Coffee County Bank
- **Servicing:** Coffee County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*