PPP Loan information for Watermark construction

$50,000

Watermark construction was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/07/2020 by The Needham Bank reported 3 jobs and $50,000 was used to fund payroll.

Watermark construction is Existing or more than 2 years old

WATERMARK CONSTRUCTION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WATERMARK CONSTRUCTION

Borrower Address

1705 Columbus Ave

Borrower City

ROXBURY

Borrower State

MA

Borrower Zip

02119-1039

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROXBURY

Project County Name

SUFFOLK

Project State

MA

Project Zip

02119-1039

CD

MA-07

Jobs Reported

3

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50341.67

Forgiveness Date

01/07/2021

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