PPP Loan information for Watson electric, inc

$142,100

Watson electric, inc was initially approved for PPP Loan of amount $142,100, the current approved amount is $142,100. The loan was approved on 04/06/2020 by The The Bennington State Bank reported 8 jobs and $142,100 was used to fund payroll.

Watson electric, inc is Existing or more than 2 years old

WATSON ELECTRIC, INC

Date Approved

04/06/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

WATSON ELECTRIC, INC

Borrower Address

318 N 8TH

Borrower City

SALINA

Borrower State

KS

Borrower Zip

67401-2312

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142100.00

Current Approval Amount

142100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25713

Servicing Lender Name

The Bennington State Bank

Servicing Lender Address

2130 S Ohio St

Servicing Lender City

SALINA

Servicing Lender State

KS

Servicing Lender Zip

67401-6852

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALINA

Project County Name

SALINE

Project State

KS

Project Zip

67401-2312

CD

KS-01

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

134300.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25713

Originating Lender

The Bennington State Bank

Originating Lender City

SALINA

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143147.26

Forgiveness Date

01/08/2021

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