PPP Loan information for Watsons manistee chrysler inc

$269,525

Watsons manistee chrysler inc was initially approved for PPP Loan of amount $269,525, the current approved amount is $269,525. The loan was approved on 04/07/2020 by The Honor Bank reported 24 jobs and $269,525 was used to fund payroll.

Watsons manistee chrysler inc is Existing or more than 2 years old

WATSONS MANISTEE CHRYSLER INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATSONS MANISTEE CHRYSLER INC

Borrower Address

208 PARKDALE AVE

Borrower City

MANISTEE

Borrower State

MI

Borrower Zip

49660-1130

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269525.00

Current Approval Amount

269525.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANISTEE

Project County Name

MANISTEE

Project State

MI

Project Zip

49660-1130

CD

MI-02

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8085.75

Payroll Proceed

226401.00

Mortgage Interest Proceed

0.00

Rent Proceed

21562.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10781.00

Debt Interest Proceed

2695.25

Business Type

Corporation

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

271658.74

Forgiveness Date

01/26/2021

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