# PPP loan: WATSON'S OF MEMPHIS
> **$215K** approved 02/17/2021 · Paid in Full · Loan `9613008408`
## Borrower
- **Name:** WATSON'S OF MEMPHIS
- **Address:** 2120 Whitten Rd, Memphis, TN, 38133-6002
- **NAICS:** 444110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Commercial Bank and Trust Company
- **Servicing:** Commercial Bank and Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*