PPP Loan information for Watson rockford llc

$214,975

Watson rockford llc was initially approved for PPP Loan of amount $214,975, the current approved amount is $214,975. The loan was approved on 04/06/2020 by The Honor Bank reported 19 jobs and $214,975 was used to fund payroll.

Watson rockford llc is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / Watson rockford llc

WATSON ROCKFORD LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATSON ROCKFORD LLC

Borrower Address

4395 14 Mile Road

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-7838

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214975.00

Current Approval Amount

214975.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-7838

CD

MI-03

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6449.28

Payroll Proceed

163380.76

Mortgage Interest Proceed

0.00

Rent Proceed

30096.64

Refinance EIDL Proceed

0.00

Health Care Proceed

4299.52

Debt Interest Proceed

10748.8

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217059.06

Forgiveness Date

03/31/2021

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