PPP Loan information for Watson pump & well drilling inc.

$42,548

Watson pump & well drilling inc. was initially approved for PPP Loan of amount $42,548, the current approved amount is $42,548. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $42,548 was used to fund payroll.

Watson pump & well drilling inc. is New Business or 2 years or less

PPP Loan Search / MD / LEONARDTOWN / Watson pump & well drilling inc.

WATSON PUMP & WELL DRILLING INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WATSON PUMP & WELL DRILLING INC.

Borrower Address

20545 CHINGVILLE RD

Borrower City

LEONARDTOWN

Borrower State

MD

Borrower Zip

20650-4532

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42548.00

Current Approval Amount

42548.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEONARDTOWN

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20650-4532

CD

MD-05

Jobs Reported

5

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42548.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42931.84

Forgiveness Date

04/15/2021

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