PPP Loan information for Watson bros service company, inc.

$500,000

Watson bros service company, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 07/10/2020 by The Eastern Michigan Bank reported 24 jobs and $500,000 was used to fund payroll.

Watson bros service company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / PORT HURON / Watson bros service company, inc.

WATSON BROS SERVICE COMPANY, INC.

Date Approved

07/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATSON BROS SERVICE COMPANY, INC.

Borrower Address

3433 ELECTRIC AVE

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-6619

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-6619

CD

MI-09

Jobs Reported

24

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506273.97

Forgiveness Date

10/18/2021

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