PPP Loan information for Watson chevrolet, inc.

$1,700,000

Watson chevrolet, inc. was initially approved for PPP Loan of amount $2,122,282, the current approved amount is $1,700,000. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 209 jobs and $1,700,000 was used to fund payroll.

Watson chevrolet, inc. is Existing or more than 2 years old

WATSON CHEVROLET, INC.

Date Approved

04/09/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

WATSON CHEVROLET, INC.

Borrower Address

625 W Auto Mall Drive 0.0

Borrower City

Tucson

Borrower State

AZ

Borrower Zip

85705-6010

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2122282.00

Current Approval Amount

1700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tucson

Project County Name

PIMA

Project State

AZ

Project Zip

85705-6010

CD

AZ-06

Jobs Reported

209

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51000.00

Payroll Proceed

1598000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1651858.32

Forgiveness Date

04/21/2021

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