PPP Loan information for Watson refrigeration inc.

$398,100

Watson refrigeration inc. was initially approved for PPP Loan of amount $398,100, the current approved amount is $398,100. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 38 jobs and $398,100 was used to fund payroll.

Watson refrigeration inc. is New Business or 2 years or less

PPP Loan Search / NC / RALEIGH / Watson refrigeration inc.

WATSON REFRIGERATION INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WATSON REFRIGERATION INC.

Borrower Address

5401 Old Poole Rd

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27616

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398100.00

Current Approval Amount

398100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27616-0001

CD

NC-02

Jobs Reported

38

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398100.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400772.18

Forgiveness Date

01/07/2021

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