PPP Loan information for Watson automotive inc.

$78,200

Watson automotive inc. was initially approved for PPP Loan of amount $78,200, the current approved amount is $78,200. The loan was approved on 04/05/2020 by The Wells River Savings Bank reported 7 jobs and $78,200 was used to fund payroll.

Watson automotive inc. is Existing or more than 2 years old

PPP Loan Search / VT / EAST THETFORD / Watson automotive inc.

WATSON AUTOMOTIVE INC.

Date Approved

04/05/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

WATSON AUTOMOTIVE INC.

Borrower Address

2930 US Route 5

Borrower City

EAST THETFORD

Borrower State

VT

Borrower Zip

05043-4445

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78200.00

Current Approval Amount

78200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73046

Servicing Lender Name

Wells River Savings Bank

Servicing Lender Address

34 Main St N

Servicing Lender City

WELLS RIVER

Servicing Lender State

VT

Servicing Lender Zip

05081-9602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST THETFORD

Project County Name

ORANGE

Project State

VT

Project Zip

05043-4445

CD

VT-

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

55200.00

Mortgage Interest Proceed

12000.00

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

73046

Originating Lender

Wells River Savings Bank

Originating Lender City

WELLS RIVER

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78712.05

Forgiveness Date

12/10/2020

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