# PPP loan: WATTS ARCHITECTURE & ENGINEERING, D.P.C.
> **$1.80M** approved 04/15/2020 · Paid in Full · Loan `9047997105`
## Borrower
- **Name:** WATTS ARCHITECTURE & ENGINEERING, D.P.C.
- **Address:** 95 Perry Street suite 300, Buffalo, NY, 14203
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Rent:** $100K
- **Utilities:** $8K
- **Health care:** $91K
- **Debt interest:** $30K
- **Jobs reported:** 97
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*