PPP Loan information for Watts chopping

$1,434,815

Watts chopping was initially approved for PPP Loan of amount $1,434,815, the current approved amount is $1,434,815. The loan was approved on 03/17/2021 by The Cross River Bank reported 80 jobs and $1,434,815 was used to fund payroll.

Watts chopping is Existing or more than 2 years old

WATTS CHOPPING

Date Approved

03/17/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

WATTS CHOPPING

Borrower Address

13214 EBERLE ROAD13214 EBERLE ROAD

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93313

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1434815.00

Current Approval Amount

1434815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93313

CD

CA-21

Jobs Reported

80

NAICS Code

115113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1434814.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345964.33

Forgiveness Date

02/23/2023

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