# PPP loan: J. R. WATSON & ASSOCIATES DEVELOPMENT CO.
> **$158K** approved 05/01/2020 · Paid in Full · Loan `8050947707`
## Borrower
- **Name:** J. R. WATSON & ASSOCIATES DEVELOPMENT CO.
- **Address:** 101 Main Street Suite A, Seal Beach, CA, 90740
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 10
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*