PPP Loan information for Watts construction company

$89,262

Watts construction company was initially approved for PPP Loan of amount $89,262, the current approved amount is $89,262. The loan was approved on 04/07/2020 by The Mercantile Bank reported 7 jobs and $89,262 was used to fund payroll.

Watts construction company is Existing or more than 2 years old

WATTS CONSTRUCTION COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATTS CONSTRUCTION COMPANY

Borrower Address

5071 GULL RD

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49048-4020

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89262.00

Current Approval Amount

89262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49048-4020

CD

MI-04

Jobs Reported

7

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

72500.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9762.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90042.13

Forgiveness Date

03/01/2021

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