PPP Loan information for Watertown exchange, inc.

$42,977

Watertown exchange, inc. was initially approved for PPP Loan of amount $42,977, the current approved amount is $42,977. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 22 jobs and $42,977 was used to fund payroll.

Watertown exchange, inc. is New Business or 2 years or less

PPP Loan Search / MA / LEXINGTON / Watertown exchange, inc.

WATERTOWN EXCHANGE, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WATERTOWN EXCHANGE, INC.

Borrower Address

19 CHADBOURNE RD

Borrower City

LEXINGTON

Borrower State

MA

Borrower Zip

02421-8211

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42977.00

Current Approval Amount

42977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEXINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02421-8211

CD

MA-05

Jobs Reported

22

NAICS Code

424510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42977.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43276.07

Forgiveness Date

01/14/2021

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