PPP Loan information for Watson engineering inc

$2,000,000

Watson engineering inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The PNC Bank, National Association reported 298 jobs and $2,000,000 was used to fund payroll.

Watson engineering inc is Existing or more than 2 years old

PPP Loan Search / MI / Taylor / Watson engineering inc

WATSON ENGINEERING INC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WATSON ENGINEERING INC

Borrower Address

16455 Racho Blvd 16455 Racho Blvd

Borrower City

Taylor

Borrower State

MI

Borrower Zip

48180-5210

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Taylor

Project County Name

WAYNE

Project State

MI

Project Zip

48180-5210

CD

MI-13

Jobs Reported

298

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;