PPP Loan information for Watson electric, inc.

$23,007

Watson electric, inc. was initially approved for PPP Loan of amount $23,007, the current approved amount is $23,007. The loan was approved on 05/01/2020 by The Cross River Bank reported 3 jobs and $23,007 was used to fund payroll.

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

WATSON ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATSON ELECTRIC, INC.

Borrower Address

6894 W SHARPE RD

Borrower City

FOWLERVILLE

Borrower State

MI

Borrower Zip

48836-9735

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23007.00

Current Approval Amount

23007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOWLERVILLE

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48836-9735

CD

MI-07

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23007.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23297.58

Forgiveness Date

08/11/2021

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