PPP Loan information for Watermark title agency, llc

$858,000

Watermark title agency, llc was initially approved for PPP Loan of amount $858,000, the current approved amount is $858,000. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 51 jobs and $858,000 was used to fund payroll.

Watermark title agency, llc is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Watermark title agency, llc

WATERMARK TITLE AGENCY, LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WATERMARK TITLE AGENCY, LLC

Borrower Address

11100 Wayzata Blvd #150

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305-1518

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

858000.00

Current Approval Amount

858000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1518

CD

MN-03

Jobs Reported

51

NAICS Code

541191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

171600.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

864625.67

Forgiveness Date

01/20/2021

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