PPP Loan information for Watertown ford inc

$776,495

Watertown ford inc was initially approved for PPP Loan of amount $776,495, the current approved amount is $776,495. The loan was approved on 04/07/2020 by The Eastern Bank reported 50 jobs and $776,495 was used to fund payroll.

Watertown ford inc is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Watertown ford inc

WATERTOWN FORD INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WATERTOWN FORD INC

Borrower Address

625 PLEASANT ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2406

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

776495.00

Current Approval Amount

776495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2406

CD

MA-05

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

776495.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

782232.44

Forgiveness Date

01/06/2021

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