PPP Loan information for Watson development and investments

$30,500

Watson development and investments was initially approved for PPP Loan of amount $30,500, the current approved amount is $30,500. The loan was approved on 05/28/2020 by The Dogwood State Bank reported 5 jobs and $30,500 was used to fund payroll.

Watson development and investments is Existing or more than 2 years old

WATSON DEVELOPMENT AND INVESTMENTS

Date Approved

05/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WATSON DEVELOPMENT AND INVESTMENTS

Borrower Address

105 Seth Thomas Lane

Borrower City

SWANSBORO

Borrower State

NC

Borrower Zip

28584-0010

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30500.00

Current Approval Amount

30500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANSBORO

Project County Name

ONSLOW

Project State

NC

Project Zip

28584-0010

CD

NC-03

Jobs Reported

5

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30500.00

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

Partnership

Originating Lender Location Id

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30736.37

Forgiveness Date

03/11/2021

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