PPP Loan information for Watts race cars inc.

$16,250

Watts race cars inc. was initially approved for PPP Loan of amount $16,250, the current approved amount is $16,250. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 2 jobs and $16,250 was used to fund payroll.

Watts race cars inc. is Existing or more than 2 years old

WATTS RACE CARS INC.

Date Approved

04/30/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

WATTS RACE CARS INC.

Borrower Address

500 lafayette rd.

Borrower City

seabrook

Borrower State

NH

Borrower Zip

03874

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16250.00

Current Approval Amount

16250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

seabrook

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03874-0001

CD

NH-01

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16250.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

16402.71

Forgiveness Date

04/15/2021

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